Pioneer poaches Percy

Hedge fund manager hires senior manager for North Asia.

Following its recent expansion into the Taiwan market, Pioneer Investments has announced the appointment of Percy Chan as senior manager- North Asia. In the new post, Chan will work closely with Pioneer's entire North Asia team to grow its distribution business in this region, with particular emphasis on the Taiwan market.

Chan makes the move to Pioneer Investments from Standard Chartered in Hong Kong and brings additional experience to the firm from his time at Citibank Hong Kong. The hire follows Pioneer's aggresive move in the region.

It has been on the expansion front since first setting up shop in Singapore in 2001, followed by the establishment ofa Hong Kong-based sales and distribution centre in 2002.