Johnson, who will head the group, joins the bank from SG Securities. He has 13 years experience in institutional and hedge fund sales and also worked at JPMorgan Securities and Nomura International.

Kwan joins ABN AMRO from UBS WarburgÆs hedge fund sales division. He was formerly a portfolio manager and trader for a major North American institutional fund, managing its internal hedge fund programme.

Both will be based in Hong Kong and will take up their new posts on 6 May.

"Richard and David's strengths will complement our existing hedge fund distribution network," says Tom Royds, head of Asian equity sales. "Their appointments allow us to build the platform for delivering top-rated products and services to the absolute return client base, in particular by leveraging our extensive fundamental Asian research."