Threadneedle brings in Mark Chan as director, institutional for North Asia
23 August 2013
News, Asia, Hong Kong
By Asia Asset Management
Threadneedle Investments has appointed Mark Chan as director, institutional – North Asia, based in its Hong Kong office. He joins the growing Threadneedle team under Asia Pacific Chairman Raymundo Yu, as the company expands its presence in Asia.
Mr. Chan will work closely with June Wong, vice-chairman of Asia Pacific, CEO Hong Kong, as the group develops its strategic plan for the region, and will focus particularly on the developing new business opportunities with institutional clients in mainland China, Hong Kong, Taiwan and Korea. He is also tasked to formulate business strategies and execution plans, while maintaining key relationships with existing clients and prospects.
Ms. Wong commented: “I’m very pleased to welcome Mark to Threadneedle. He brings a depth of experience in the Asian institutional market that will be of significant benefit as we build our client base in the region. With his established network, we’re confident Threadneedle’s suite of outperforming funds across asset classes will find favour with investors in North Asia looking for long-term, sustainable returns.”
Previously Mr. Chan was vice president, Greater China at JP Morgan Asset Management, Asia. Prior to this, he was relationship manager at Allianz Global Investors, Hong Kong. He also held positions in Charles Schwab Hong Kong and H&R Block Financial Advisers in the United States.
Threadneedle established a presence in Asia in 2008 and has offices in Singapore, Hong Kong and Taiwan. Part of Ameriprise Financial, the company last year announced plans to expand its Asian business, building on its established presence and considerable investment capabilities, and that of its sister company Columbia Management.
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