Weekly roundup of people news, Nov 7

Henderson hires institutional sales director; Mellon Capital names Asia head; RBC ITS names new Singapore MD; HSBC appoints research chief; CBRE creates North Asia role; and Jupiter welcomes EM head.
Weekly roundup of people news, Nov 7

Henderson names new institutional sales head
UK-based Henderson Global Investors has named David Bennett as director of institutional sales for Asia based in Singapore, effective November 3.

He joined from UK bank Barclays, where he had since July 2010 worked in the prime services unit's capital solutions team, covering Asian institutional investors.

Bennett reports to Alex Henderson, managing director for Asia, and is tasked with expanding Henderson’s institutional business in Asia ex-China and ex-Japan.

Charles Zhao and Shiro Tsubota remain in their respective roles as director of institutional sales for China and chief executive of the firm’s Japan office.

Bennett replaces Richard Clarke, who left the firm in October, as reportedAsianInvestor could not ascertain Clarke’s next move, and he declined to comment.

His departure followed several changes aimed at sharpening the firm’s focus on the region in the past two years, as part of a drive announced by Alex Henderson in October 2012.

A Barclays’ spokesman declined to confirm whether Bennett had been or would be replaced. However, it is thought that a replacement will be announced in due course.

Before Barclays, Bennett was from August 2005 to July 2010 director of Hana Daetoo Securities’ hedge fund practice.

Henderson managed assets of £76.6 billion ($122 billion) as of 30 September.

Mellon Capital appoints division head
Mellon Capital Management, part of BNY Mellon Investment Management, has appointed Philip Lung to the newly created position of Asia-Pacific division head.

Most recently, Lung managed a proprietary multi-asset investment portfolio in Hong Kong. Before that, he was from February 2008 to June 2010 a senior portfolio manager at US hedge fund firm Citadel in Hong Kong.

He started with Mellon Capital on October 13 and works with BNY Mellon Investment Management’s Asia Pacific distribution team. He is responsible for the regional expansion of Mellon Capital's multi-asset solutions and smart beta products business.

Before his appointment, those functions were located in the US.

Based in Hong Kong, Lung will work with Mellon Capital investment teams in San Francisco to develop customised investment strategies across asset classes.

Lung reports to Jeff Zhang, chief investment offer for Mellon Capital in San Francisco, and Jane Caire, chief administrative officer and head of strategy for Asia Pacific at BNY Mellon IM in Hong Kong.

Before Citadel, Lung worked at Old Mutual Asset Management in Tokyo and Boston, Tokai Bank in New York and Nippon Credit Bank in New York and Sydney.

Last month, BNY Mellon launched a wealth management business in Asia.

RBC Investor and Treasury Services replaces Singapore MD
RBC Investor and Treasury Services, part of Royal Bank of Canada, announced the appointment of Andy Allen to lead its business in Singapore as managing director, effective November 3.

He joins from JP Morgan Investor Services, where he was head of product sales, direct custody and clearing for Asia Pacific. He was appointed to that role in June 2012.

JP Morgan IS declined to comment on whether Allen had been or would be replaced.

Diana Senanayake, who was previously in charge of operations in Singapore since 2010, now oversees the firm's business in Malaysia. She took over responsibility for Malaysia in April last year, according to her LinkedIn profile.

Allen will report to Andrew Gordon, managing director for Asia.

Before JP Morgan, Allen worked at Standard Chartered as head of its securities client service operations. He has 25 years of experience in global banking, 17 of which he has spent in Asia.

HSBC names research head
HSBC Global Research has appointed Will Bratton as Asia-Pacific head of equity research, effective November 3.

Based in Hong Kong, Bratton manages a team of 120 equity analysts.

He replaced David May, who became global head of research in July and retained responsibility for Asia equity research in the interim. Bratton now reports to May and Dilip Shahani, Asia-Pacific head of research.

Bratton joins from Deutsche Bank in Hong Kong, where he worked since 2006, most recently as deputy head of equity research for Asia ex-Japan. Deutsche declined to comment on whether he had been or would be replaced.

Vontobel Financial Products fills new Asia role
Vontobel Financial Products, a subsidiary of Swiss bank Vontobel, has appointed Anup Gupta as Asia-Pacific head of its Deritrade multi-issuer electronic platform for structure products, effective October 27. This is a newly created role based in Singapore.

He joined from Barclays, where he most recently led the team managing the UK bank’s structured products platform in Singapore. The UK bank declined to comment on his departure.

Having launched Deritrade in Asia in May 2013, Vontobel FP is working to grow its client base of issuers and distributors for the platform, a spokesman said.

Gupta reports directly to Switzerland-based Gerhard Meier, global head of Deritrade, and Singapore-based Thomas Suessli, head of financial products.

CBRE creates North Asia role
Ben Duncan, Japan chief executive of real estate services and investment firm CBRE, will move back to Hong Kong to take on the additional role of North Asia president from January 1, 2015.

As such, he will oversee CBRE’s businesses in China, Hong Kong, Japan, Korea, Macau and Taiwan.

Duncan will continue to report to Daniel Queenan, who has been CBRE’s Asia Pacific CEO since March this year.

Reporting to Duncan will be Ivan Poon (China president), Yoshihiro Watanabe (Japan COO), Craig Shute (senior managing director for Hong Kong, Macau and Taiwan) and Steve Kim (managing director for South Korea).

Duncan joined CBRE in 2004 in Hong Kong to oversee the firm’s Japan operations. Before that he was national director for Jones Lang LaSalle in Hong Kong from May 2001 to April 2004.

Between 1994 and 2001 he worked at UK property services firm DTZ, initially in London before transferring to Hong Kong in 1996.

Teverson takes up EM head role at Jupiter
Ross Teverson started on November 4 at UK-based Jupiter Asset Management in the newly created role of head of strategy for global emerging markets, a hire reported by AsianInvestor in July.

His appointment is part of a drive to broaden and deepen the GEM team’s expertise and expand its product range. The firm is also eyeing building an EM debt capability, as reported.

Based in London, Teverson joined from Standard Life Investments, where he had worked since August 1999, most recently as investment director for GEMs.

He was replaced at SLI by Matthew Williams, who took over running of the GEM equity unconstrained fund, having been deputy manager since 2010.

Jupiter managed assets of $51.4 billion as of September 30, $1 billion of which under its GEM range.

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