Northern Trust Global Investments saw its Hong Kong-based head of sales and client service for Asia-Pacific depart in early June.
Fifi Ting, who joined the asset-management subsidiary of US group Northern Trust in November 2009 from AIG Investments, left to spend more time with her family, says a source. There are no plans to replace her, with her responsibilities expected to be shared among other members of the team.
The most recent hire to the NTGI sales team is Chen Ee-Fang, who joined in November 2010 as sales director in Singapore from UK-based asset manager Martin Currie.
NGTI declined to comment on the departure.
Ting has 15 years of industry experience, including responsibility for client relations at AIG Investments in the Asia-Pacific and Middle East. She has also worked for ABN Amro Asset Management and HSBC Asset Management.
Chicago-based Northern Trust provides investment management, asset and fund administration, banking solutions and fiduciary services to corporations, institutions and affluent individuals.
As of late 2010, NTGI had $657.2 billion in assets under management, of which $59.4 billion is sourced from Asia-Pacific.