Published by Asia Asset Management – 18th Sep 2018
US asset manager Capital Group has hired two senior executives in Hong Kong and London for its global relationship team to support strategic partnerships with global financial institutions.
The appointments are the latest in the company’s move to beef up its financial intermediary business.
Henry Chan, who was previously a vice president at BlackRock Inc., joined Capital Group on September 10 and reports to Jeik Sohn, managing director of financial intermediaries in Asia, the company says in a statement on September 17.
Mr. Chan will focus on the financial intermediary market in Hong Kong in his new role.
Mr. Sohn is himself new to Capital Group. He was hired from M&G Investments, together with Kit Toh, formerly of JP Morgan Asset Management, in late August to oversee the company’s financial intermediary business in Asia.
Meanwhile, in London, Nick Shaw has been appointed to lead Capital Group’s distribution efforts with global financial institutions. He reports to Grant Leon, managing director of financial intermediaries in Europe and Asia.
Mr. Shaw, who previously worked at Robeco, brings with him more than 15 years of industry experience, according to Capital Group.
“Forming collaborative, strategic relationships with financial institutions that share our investment philosophy and values is central to our strategy in Europe and Asia,” Mr. Leon says in the statement, adding that the new appointments “build upon the successful and meaningful partnerships we have formed in each of our key markets”.
Capital Group had approximately US$1.8 trillion of total assets under management globally as at end-June 2018.
