Asia hedge fund teams expand for VAM, GLG

(HedgeWeek) This week VAM Funds, the Luxembourg-based specialist fund manager announced it had expanded its Asian team with the appointment of Paul Bamber as sales manager. Bamber will be responsible for growing VAM’s sales in Hong Kong, China and Japan, which the firm regards as key strategic markets for development in its global distribution plans. The firm reported that business volumes in its funds range had more than doubled over the last 12 months. Bamber will work alongside Linda McLaren who will continue to oversee business development in Singapore, Malaysia, Thailand and Indonesia.

VAM has been operating in Asia for two years and having secured registration from the Monetary Authority of Singapore it is now expecting to receive registration from the Securities and Futures Commission in Hong Kong. Commenting on Bamber’s appointment, Nigel Watson, VAM sales director, said: “With his extensive knowledge of the Asian region, Paul is an important addition to the sales team,” adding that he would help the firm “offer greater levels of support to our business partners”.   ===> Continue Reading at HedgeWeek

Hedge Fund Review: People Moves in Asia

Philipp Hildebrand has been appointed Vice Chairman of BlackRock

(Hedge Fund Review) The following are excerpts from Hedge Fund Review’s “People Moves“:

Philipp Hildebrand has been appointed as vice-chairman of BlackRock, overseeing the company’s largest institutional client relationships in Europe, the Middle East and Africa (EMEA) and Asia-Pacific. His appointment is effective from October. Hildebrand brings almost 20 years of experience across asset management and banking, most recently as chairman of the Swiss National Bank. He will report directly to chairman and chief executive officer Laurence Fink. Hildebrand will serve as a member of the global executive committee, as well as its EMEA and Asia-Pacific executive committees and be based in London.

EFG Asset Management and Ascalon Asia make key appointments

(HedgeWeek) EFG Asset Management, the asset management arm of EFG International announced this week the appointment of two Hong Kong-based executives to strengthen its senior management team in the region. Nigel Sze has been appointed Head of Asia and moves from EFG Bank Asia where he was deputy CEO and Head of Private Banking in Hong Kong. Prior to this Sze was Asia Head for HNW clients at Citi Global Wealth Management.

Harmen Overdijk has been promoted to the role of Head of Investments. The appointments underline EFGAM’s intentions of consolidating their position strategically in the region, having also recently appointed top China equity fund manager Mansfield Mok. EFGAM’s CEO, Jim Lee, said that the growing interest in Asia reflects its growing importance to the global economy. “The changes we are making reflect our commitment to the region and our desire to extend our local investment capabilities. They (Sze and Overdijk) will also enable us to better serve our clients – encompassing private banking clients of EFG Bank, as well as specialist segments served by EFGAM directly,” said Lee.  Read More at HedgeWeek.

Hedge Fund EFG appoints two Hong Kong Executives

(HedgeWeek) EFG Asset Management, the asset management arm of EFG International announced this week the appointment of two Hong Kong-based executives to strengthen its senior management team in the region. Nigel Sze has been appointed Head of Asia and moves from EFG Bank Asia where he was deputy CEO and Head of Private Banking in Hong Kong. Prior to this Sze was Asia Head for HNW clients at Citi Global Wealth Management.

Harmen Overdijk has been promoted to the role of Head of Investments. The appointments underline EFGAM’s intentions of consolidating their position strategically in the region, having also recently appointed top China equity fund manager Mansfield Mok. EFGAM’s CEO, Jim Lee, said that the growing interest in Asia reflects its growing importance to the global economy. “The changes we are making reflect our commitment to the region and our desire to extend our local investment capabilities. They (Sze and Overdijk) will also enable us to better serve our clients – encompassing private banking clients of EFG Bank, as well as specialist segments served by EFGAM directly,” said Lee.  SOURCE: HedgeWeek