BNY Mellon Investment Management hires Simon Cox as investment strategist for Asia-Pacific

17 April 2014   Category: News, Asia, Hong Kong   By Asia Asset Management

BNY Mellon Investment Management, which has AUM of US$1.6 trillion, has appointed Simon Cox as a managing director and investment strategist for Asia-Pacific. He joins the global multi-boutique investment manager after more than a decade as a journalist for The Economist magazine, based in London, Delhi and Hong Kong.

He joins as part of the firm’s global investment strategy team and will provide in-depth analysis to clients and portfolio managers on the region’s dynamic economies. He will also help to bring the institution’s wide range of intellectual resources to bear on some of the most pressing issues facing Asia-Pacific’s economies, such as China’s fears of a middle-income trap and Japan’s escape from a liquidity bind. Based in Hong Kong, Mr. Cox reports to Jack Malvey, chief global market strategist for investment management in New York. 

Mr. Malvey said: “At BNY Mellon Investment Management, we like to say “great minds don’t think alike”. Original thinking is one of the foundations on which our multi-boutique investment business is built and the key to success in generating investment ideas that deliver alpha. We look forward to Simon’s contributions.”  

In his ten years at The Economist, Mr. Cox reported from over 20 countries. He covered the IMF and World Bank from London, before moving to Delhi to write about South Asia and the Gulf. He has spent the past four years in Hong Kong concentrating on China’s economy. His coverage includes analysis of China’s economic resilience, Asia’s emerging welfare states, the peaking of China’s working-age population (“peak toil”), the Koreas, the world economy’s long climb out of the 2008 financial abyss, and the economics of happiness. In 2008 he edited “The Growth Report”, authored by Nobel laureate Michael Spence.

Mr. Cox also helped to invent the “Keqiang index,” an alternative gauge of China’s growth based on indicators relied upon by Premier Li Keqiang (when he was party secretary of Liaoning Province), and the “Sinodependency index”, a stock market index based on US multinationals’ exposure to China’s economy.

Alan Harden, chief executive officer for BNY Mellon Investment Management Asia-Pacific, said: “The addition of Simon in Asia solidifies our analytical capabilities as we expand our business in the region and aim to encourage fresh thinking about the way the world allocates its savings.”