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People Moves: Henderson beefs up its Asian equities team; T. Rowe poaches sales chief from UBS GAM
Henderson adds two new hires to its Asian equities team. Wee May Ling, an 18-year veteran of the asset management space, is set to join Henderson Global Investors as an investment manager within its Asian equities team. Prior to joining Henderson, May Ling was with Lloyd George Management in Hong Kong, serving the firm as its portfolio manager running Greater China equities. She began her career in Dresdner Kleinwort Wasserstein Securities in Singapore.
Also set to join the British asset manager is Mervyn Koh, an ex-GIC man who will be working as one of the firm’s associate investment managers. Koh was previously with Franklin Templeton Investments in Singapore, and was most recently a VP within its emerging markets group. He apparently co-managed the firm’s Southeast Asia fund as well. He began his career in the aforementioned GIC.
On the firm’s new hires, Andrew Gillan, Henderson’s head of Asia ex-Japan equities, had this to say:
“I am delighted to welcome May Ling and Mervyn to the team. They reflect Henderson’s commitment to increased resource within the region as we look to grow our Asia ex Japan equity products in the coming years.”
They will be both based in Singapore. Henderson
UBS GAM managing director moves to T. Rowe. Elsie Chan, a highly regarded player in the asset management intermediary market, has been named head of intermediary sales, Asia by the U.S. firm T. Rowe Price. Scott Keller, the firm’s head of global investment services, Asia Pacific, had this to say:
“Providing top-quality investment solutions to intermediaries throughout the region is one of the key pillars to developing a successful and sustainable business in Asia. Elsie Chan is highly regarded and a very experienced practitioner in the intermediary market. Her deep knowledge and experience of the relevant markets in the region, in particular Hong Kong and Singapore, will enable us to accelerate our offering to intermediaries across the Asia region.”
As previously mentioned, Chan was a managing director for UBS Global Asset Management prior to her jump to T. Rowe, and was responsible for the Swiss firm’s wholesale distribution in Hong Kong and Southeast Asia. Before that, she had stints at Allianz Dresdner Asset Management as well as in ABN AMRO Asset Management, though she apparently began her career in the U.S. at Merrill Lynch. She will report to Scott Keller. Asia Asset Management
For Capital Markets moves, click here.
Photo: Luke Ma