Vontobel AM hires to target distributors in Asia
The Swiss fund house has named its first Asia head of intermediary sales, but has no plans to tap the retail market in Hong Kong or Singapore. AsianInvestor spoke to the firm's regional CEO.
Vontobel Asset Management, traditionally an institutional business, has moved to target distributors in Asia with the hire of Suzanna Wong as its first regional head of intermediary sales. It is also looking to further diversify its asset base beyond equities – which account for more than 90% of its regional AUM – into fixed income.
Wong will focus on private banks in Hong Kong and Singapore above all, as well as insurance firms and family offices, but Vontobel AM does not plan to…
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