BEA Union Investment unveils new CIO

03 March 2014   Category: News, Asia, Global, Hong Kong   By Asia Asset Management

BEA Union Investment Management Limited (BEA Union Investment) has appointed Henry Chan Yue-Hung as its chief investment officer with immediate effect. He will lead a 14-member investment team, consisting of portfolio managers, research and quantitative analysts, and traders covering both equities and fixed income investments. He will also head up the investment committee of BEA Union Investment and will report directly to Eleanor Wan, chief executive officer of the company.

Mr. Chan is an industry veteran with over 18 years of investment experience managing Asian equities. Most recently, he was portfolio manager and executive director at Pyramis Global Advisors (Hong Kong) Ltd. Prior to this, Mr. Chan was head of Asia Pacific investment at Baring Asset Management, and senior fund manager at Invesco Asset Management in Hong Kong.

In his portfolio management career, Mr. Chan started out as a specialist in Greater China and quickly expanded into a regional role with specialist coverage on Korea, Japan, and the technology sector. He also played a pivotal role in winning global institutional mandates including sovereign wealth funds from Korea, China, and the Middle East.

“We are delighted to have Mr. Chan on board to lead our investment team and guide the asset allocation for our MPF funds. With his solid experience and sound track record, both as an investor and in building and developing investment teams, I am confident that he will help us to drive our business and grasp unparalleled opportunities. The global equities market remains volatile at present, and there is a general sell-off from emerging market equities. It is important for investment management companies to maintain their commitment and stay focused on building up a track record via a solid investment process for investors in long term,” said Ms. Wan.