Posted inPeople MovesNews

Schroders poaches head of multi-asset from Amundi

Schroders has hired Reginald Tan as head of multi-asset products for Southeast Asia to replace a team member who left last year.
Schroders poaches head of multi-asset from Amundi

Tan will be based in Singapore and reports to Garth Taljard, head of multi-asset management, the firm said in a statement.

The new appointment is to replace Vincent Chan, who left the firm in June 2017, according to Hong Kong-based spokeswoman.

Tan is responsible for delivering solutions to clients across Singapore, Malaysia, Thailand and Brunei markets. He will be working with both institutional and intermediary clients.

The firm sees strong demand from investors across Southeast Asia for multi-asset solutions that cater to their unique needs. “With valuations looking increasingly stretched going into the new year, with uncertainty around the sustainability of market rallies, investors are looking for quality asset allocation and risk management capabilities to generate strong sustainable returns,” said Taljard in the statement.

Tan joins the firm from Amundi Asset Management in Singapore, where he was director, head of multi-asset. At Amundi, he oversaw the firm’s Vietnam Opportunities Fund and India Infrastructure Fund, according to FE data.

Prior to that, he worked for other investment management firms, including First State Investments, Mercury Asset Management, Koeneman Capital Management and Barclays Global Investors.

Schroders has several multi -asset funds for sale in Asia, including its range of “Multi-Asset Revolution” products.

Recently, the firm’s head of multi-asset investment for Asia, Patrick Brenner, told FSA that inflation has become a major investment risk.

Part of the Mark Allen Group.