DeAWM names Asia-Pacific CIO
Deutsche Asset & Wealth Management announced it had hired Elke Schoeppl-Jost from BEA Union Investment Management as chief investment officer for Asia Pacific.
She started in her new role on January 15, with Deutsche Bank confirming she will split her time between Hong Kong and Singapore.
Schoeppl-Jost oversees active equity, fixed income and multi-asset investment teams across the region, and will help the firm to expand its Asia-Pacific investment product range. DeAWM declined to comment on new products.
She will report to Sean Taylor, head of emerging market equities, and Ravi Raju, head of DeAWM in Asia Pacific.
Schoeppl-Jost replaces Melbourne-based Chris Siniakov, who will remain at DeAWM during a transitional period.
Siniakov joined DeAWM as head of fixed income Asia Pacific ex Japan in July 2008, according to his LinkedIn profile. The CIO responsibility also fell under his remit, according to a company spokeswoman. Prior to that he was head of fixed income for Australia at Invesco.
Previously Schoeppl-Jost was CIO at BEA Union Investment Management in Hong Kong. She left in November, as reported by AsianInvestor, with CEO Eleanor Wan taking over the CIO responsibilities while the firm searched for a replacement. She also worked at Union Investment in Frankfurt and Volksbank Investments in Vienna.
Lazard’s Japan team replaces CEO
Lazard Asset Management has named Yugo Ishida from Nomura Asset Management as chief executive of its Japan office.
He started in Tokyo last week and oversees the firm’s local investment management teams, as well as Japanese fund sales and distribution.
Ishida replaces Keiichi Miki, who left Lazard AM in November to pursue other opportunities. Miki had been with the firm since 2010.
Before joining Lazard, Ishida had spent 35 years at Nomura Asset Management, most recently as adviser to the board of directors. During that time he held a variety of positions, including president and COO of Nomura AM and chairman of a number of subsidiaries.
Current chairman and CEO Toshihiro Iwasaki has taken over his COO responsibilities.
Other recent newcomers at Lazard Asset Management include Antony Creighton, who joined the firm’s Hong Kong office in December as head of wholesale marketing of Southeast Asia and Greater China.
He previously spent eight years at Wellington Management as a senior portfolio adviser and product specialist in Hong Kong, and before that, at Towers Watson as a principal investment consultant for nearly two years, also in Hong Kong.
Diya Bhutani, meanwhile, moved from Lazard AM in Sydney to Singapore last year to focus on business development and marketing for Asia ex Japan.
In terms of departures, Henry Choon, a managing director and head of Lazard AM’s Asia ex-Japan sales and marketing division for six years, left to take on a similar position at the GAM Holding Group in November.
BlackRock appoints research head
US asset manager BlackRock announced the appointment of Oisin Crawley as head of research on its Asian fundamental equity team. Based in Hong Kong, he joined on January 6 and reports to Andrew Swan, head of Asian fundamental equity.
Crawley will likely assume portfolio management responsibilities later this year, pending regulatory approval. His position is new.
He was previously a portfolio manager at TT International Investment Management in London before moving to Hong Kong in May 2012. Before that, he was an equity research analyst at Morgan Stanley in London for six years, and has also worked in Tokyo as an industry researcher for the Tokyo Electric Power Company.
Former chief of CIMB-Principal AM resurfaces
The former CEO at CIMB-Principal Asset Management, Campbell Tupling, has left the asset management industry to join Caterham Motorsport Asia.
Caterham is a recently formed company that aims to popularise motor racing in the region.
Tupling’s career spanned a variety of industries, including accounting, auditing, insurance, pensions and asset management.
“The move [into motorsports] was about a new challenge and a desire to stay in Asia,” he says. “Financial services allowed me to work on four continents and with a lot of great people, but I will admit I am having a lot more fun when I put my suit on now.”
The company sets up motor racing tracks for amateurs. It has already started building tracks in Malaysia, and aims to expand into Indonesia, Thailand and the Philippines in coming years.
Tupling stepped down after four-and-a-half years as CEO of CIMB-Principal AM, with Pedro Esteban Borda, the firm’s Asean chief executive, taking over his responsibilities.
Other moves in AsianInvestor this week: