T Rowe Price creates head of intermediary role
The firm has created the new role of head of intermediary, Asia ex-Japan, to be filled by Glen Lee, based in Singapore.
Lee started earlier this week and reports to Elsie Chan, head of distribution for Asia ex-Japan.
“The appointment underscores T Rowe Price’s commitment to serve the growing demand for differentiated, actively managed investment products from financial intermediaries across the Asia region,” according to a statement from the firm.
Lee will lead the intermediary teams in both Hong Kong and Singapore, to deepen relationships with regional banks and financial advisers.
Before joining T Rowe Price, Lee was responsible for Asia intermediary sales at Eastspring Investments.
UBS GWM nets hedge funds specialist
The Swiss private bank has appointed Theresa Wong as hedge fund specialist for Greater China, according to an internal note.
Wong will report to Gunther Jost, head of hedge funds and investment specialists, who is a veteran in the alternatives industry with 18 years of experience.
“Given heightened volatility and uncertainty in markets, our clients are increasingly looking for uncorrelated returns through investing in hedge funds. Alternatives, including private markets and hedge funds, play a key role in taking a longer-term, endowment-style investing approach for portfolio diversification,” said Jost.
Prior to joining UBS GWM, Wong spent nine years at Goldman Sachs with a focus on hedge funds, recently working within the alternative investments and manager selection group at the firm.
Senior investment specialist rejoins JPMAM
The US asset manager has hired Jennifer Kwan as a senior investment specialist in global fixed income, currency & commodities (GFICC).
Kwan is based in Hong Kong and reports to Jonathan Liang, who joined JPMAM months ago.
She will be working with the investment specialist team and client advisors in Asia with a particular focus on insurance.
Kwan boasts over 20 years of experience in the finance industry. She joined JPMAM from Bank of China Group, where she was most recently chief project manager at Bank of China Hong Kong Asset Management.