Nikko AM continues its Asian growth strategy, bolsters investment and risk team
James Alexander
Nikko AM, Tyndall AM’s parent, has made several strategic hires across the group as part of its ongoing Asian growth strategy.
In Singapore, Winson Fong has joined Nikko AM Asia as head of China strategies while Shivaz Rai joins as investment director for Asian fixed income and Tian Sing Wee as risk manager.
This follows James Alexander’s appointment last month in Australia, joining Tyndall AM as deputy head of fixed income.
These additions to the investment team serve to broaden Nikko AM’s investment capabilities and strengthen the group’s key areas of expertise in Asia Pacific equities and fixed income.
Yu-Ming Wang, Nikko AM’s international chief investment officer who joined the firm earlier this year, remains focused on augmenting Nikko AM’s reputation as an award-winning Asian investment powerhouse and has further plans to enhance the coverage and capabilities of the investment team globally.
“Nikko AM has a plan for continued growth across the Asia Pacific region and I am pleased to support that with these strategic new hires to the investment team,” said Yu-Ming Wang.
“These very talented individuals will boost our capabilities in some of the key areas of focus that our clients have demanded from us. As long as volatility in the Asian and global markets remain, we see continued demand for alternative sources of income and low volatility investment products that have a real handle on risk. These appointments will add valuable expertise to our award-winning investment teams.”
Mr Fong, a China markets veteran and previous winner of several Lipper Fund Awards, has been managing equity portfolios for close to 27 years, including regional Asia-Pacific portfolios, Japan equities, and China, Hong Kong and Taiwan equities. He will be responsible for the Greater China equities team, covering onshore A-shares mandates and related product development. He will also work closely with the existing Asia Pacific equities team in Singapore to deliver market insights and generate high conviction investment ideas. Mr Fong joins from Lion Global Investors Limited in Singapore.
Mr Rai, who joins from Alchemy Investment Management in Singapore, has 15 years of investment experience, covering equities, fixed income, currencies and convertibles. He has extensive knowledge of the fixed income markets, including public and private debt instruments, bank loans, forex and swaps. As Investment Director, Mr Rai will be responsible for Asian local currency and rates and Asian credit strategy inputs.
Mr Wee is a risk and performance management specialist, with 13 years of work experience. He joins from the Government of Singapore Investment Corporation (GIC) where he was responsible for the analysis and attribution of key portfolio risks. In his new role as investment risk manager, Mr Wee will be responsible for assessing the aggregate investment risk profile at Nikko AM Asia as well as evaluating product risk management and market-related risk exposures
Messrs Fong, Rai and Wee will report directly to Eleanor Seet, president of Nikko AM Asia.
As previously announced, Mr James, who joined Tyndall last month in the newly created role of deputy head of fixed income, reports to Tyndall’s head of fixed income Roger Bridges. The new role provides additional resources to the fixed income team, ensuring it remains focussed on its long-standing strategy of managing downside risk and maintain low volatility for its clients.
