New Star Asset Management has hired Kanise Chan in Hong Kong as associate director for Greater China. In addition to running an existing book of institutional, wholesale and private-banking business in Hong Kong, she will be responsible for developing new opportunities in Taiwan.

Chan replaces Louis Poon, who left earlier this year to join Robeco Asset ManagementÆs fledgling Asia-Pacific business.

She brings experience in marketing asset management to institutional investors in Taiwan, having done so for her previous employer, Credit Agricole Asset Management. She has also served on the sales side for Bank of China International and HSBC Investments.

Chan reports to Asia director of sales Francis Leach, also in Hong Kong, who says the hire will free him to concentrate on marketing to private banks in Singapore and develop broad regional strategy.

ôKanise will concentrate on developing our business in Taiwan,ö Leach says. ôThatÆs going to be her baby.ö She will work on forging relationships both with wholesalers (Sices, as theyÆre termed in that market) for funds and with pension funds and other institutions for mandate business.