The UK-headquartered fund manager has made the appointment as one of four ESG specialists who will operate a sustainability centre, based in Singapore.
Based in Hong Kong, Lin will assume the title of managing director for Asia at Janus Capital. The role is a newly created one and reflects Janus CapitalÆs push to strengthen its business in Asia.
In this role, Lin will oversee the firmÆs business operations in Asia-Pacific and will be responsible for developing sales strategies as well as implementing the company's global strategy throughout the region.
He will report directly to Erich Gerth, CEO of Janus Capital International, who splits his time between the US and the firmÆs international offices. In Asia, Janus Capital's regional offices are located in Japan, Hong Kong, Singapore and Australia.
The people who head Janus CapitalÆs businesses in different Asian markets û Margaret Ang in Hong Kong, Benjamin Chang in Singapore, John Landau in Australia and Shigenori Araki in Japan û will all report directly to Lin.
With Lin's "industry relationships and expertise in entering new
markets and running businesses across Asia, he will be a great asset to the firm as we continue to commit resources to expanding our Asian operations,ö Gerth says.
Janus Capital, which has around $190 billion under management worldwide, offers US and global specialist investment products that tend to complement the portfolio holdings of non-US investors. It has two distinct investment processes û a research-driven fundamental, bottom-up stock selection approach and the risk-managed mathematical approach of Intech, an independently managed subsidiary of Janus Capital.
LinÆs departure from Franklin Templeton marks the third high-profile exit from the firmÆs business development team in recent months.
In October last year, Wayne Shum, managing director of Franklin TempletonÆs institutional business in the region, moved to HSBC Investments in a then newly created role as director and head of sovereigns and supranationals for Asia-Pacific.
Just last month, Terrence Lam, who was Franklin TempletonÆs product manager for the region, joined BNP Paribas Asset Management as head of sales for institutional and retail business for North Asia.
Franklin Templeton could not immediately comment on whether a replacement has been selected to fill LinÆs role upon his departure. Market players suggest, however, that Maria Wilton, who heads Franklin Templeton Institutional in Australia, could be a candidate to take his place. Another possibility is that LinÆs role could be folded into the area of responsibility of David Chang who is Greater China regional head.
Prior to LinÆs managing director role at Franklin Templeton, he was the CEO of Shanghai-based Franklin Templeton Sealand Fund Management. He helped establish that joint venture between Franklin Templeton and Sealand Securities in Shanghai in 2003. He also held a leading role at Templeton Emerging Markets Group, where he helped to set up operations in Japan, Vietnam, China and Korea.
Lin is a Franklin Templeton veteran, having worked at the firm since 1995, save for two years as CFO of Chinadotcom, a Hong Kong internet-boom start up.
Zurich Australia appoints CEO for Australian and New Zealand; BNY Mellon hires Southeast Asia head of intermediary; Franklin Templeton names head of Asia distribution; Robeco to add three ESG specialists in Singapore; JP Morgan AM names new head of data science; JLL adds head of Greater China; Lombard Odier hires COO from Credit Suisse; and more.
Nearly one third of central banks plan to increase their holdings of the Chinese currency over the upcoming 12-24 months, survey from a central banking think tank found.
AsianInvestor considers how technology and data advances could affect investing. We next look at the potential for universal ESG and asset owners becoming tougher fee hagglers.
Government support in carbon neutrality, plus regulation overhauls in the cybersecurity space, have created a favourable environment to further diversify into green stocks.