JPMorgan poaches Fortis execs

The firm shores up its regional hedge fund servicing.
JPMorgan Hedge Fund Services has rolled out a series of new hires in support of its regional business expansion. Both Andrew Mascall-Robson and Shirley Yuen will arrive in newly created roles in the firmÆs Hong Kong offices and will report directly to Laurence Bailey, JPMorganÆs worldwide securities services (WSS) CEO in Asia, who is also based in Hong Kong.

From Hong Kong, Mascall-Robson will lead business development and growth of JPMorgan Hedge Fund Services across the region. He has already begun his new role for JPMorgan.

Mascall-Robson joins from Fortis Prime Fund Solutions in Japan where he was managing director. Prior to this position, he was an executive director at WestLB Panmure and has also held a variety of roles during a 12-year tenure at HSBC James Capel in Japan, which included the post of general manager of equity derivatives. In total, Mascall-Robson brings 17 years of related experience in Asia to his new role.

Also joining from Fortis Prime Fund Solutions is Yuen, who arrives at JPMorgan Hedge Fund Services as regional product and client service manager. Like Macall-Robson, she has already started with the firm. For her previous employer, Yuen was head of account management and held responsibility for the companyÆs client relationships. Previously, Yuen worked for KPMG and as an auditor for the Hong Kong Government Land Trust Fund.

According to JPMorgan, the two hires will be one of the first steps in expanding its hedge fund capabilities in Asia. More hires are likely to occur in Hong Kong soon.
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