Bo Kratz joins Northern Trust as MD for asset management in Asia-Pacific
28 November 2012
News, Asia, Hong Kong
By Asia Asset Management
Bo Kratz has joined Northern Trust as managing director for asset management in the Asia-Pacific region. In this role, he will lead a team managing approximately US$50 billion in assets for clients including sovereign wealth funds, government entities, pensions and corporations in the region.
"Bo Kratz is a seasoned financial professional who understands the particular investment needs of Asia-Pacific clients," said Wayne Bowers, chief executive officer, Northern Trust Asset Management, for Europe, Middle East, Africa and Asia-Pacific. "With his background in multi-manager investments and experience in developing customised solutions for sovereign and government entities in the region, Bo is a perfect fit for Northern Trust’s current and prospective investment relationships in Asia. His expertise and leadership skills will be crucial as we continue to build our global model for asset management.”
Based in the Hong Kong office, Mr. Kratz is responsible for Northern Trust Asset Management activities across Asia-Pacific, excluding Japan. Northern Trust’s asset management team in the region includes global equity index portfolio management and global equity dealing from Hong Kong, as well as investment strategy, relationship management and sales teams based in Hong Kong, Beijing and Singapore. Mr. Kratz reports functionally to Mr. Bowers and locally to Teresa Parker, chief executive officer for the Asia-Pacific region at Northern Trust.
"We are pleased to welcome Bo to lead the next phase of growth for our asset management business in the Asia-Pacific region," Ms. Parker said. “As large, sophisticated investors increasingly seek customised market exposures, enhanced income or other objectives, Bo is a respected advisor who can deliver Northern Trust’s investment solutions in a risk-management framework.”
“Northern Trust is becoming well-known for investment excellence in Asia-Pacific and I am eager to build on that reputation as we continue our strategy of sustainable growth in the region,” Mr. Kratz said. “I look forward to leading our local team to develop high-quality, outcome-oriented solutions using our global index, multi-manager and active investment capabilities, delivered with the highest level of client service.”
Most recently, Mr. Kratz managed Permal's Asia business, with responsibility for the group's offices in Hong Kong, Singapore and Tokyo. Prior to that, he held a number of senior and regional roles with ABN Amro Asset Management in Asia, and led the firm's sales, product and marketing efforts. A native of Sweden, Mr. Kratz has also worked as a financial analyst, head of research, portfolio manager and chief investment officer, at Alfred Berg Asset Management and H. Lunden Fondkommission based in Stockholm, Sweden.
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