The latest moves and appointments for senior roles for Asia-Pacific wealth management.

T Rowe Price
T Rowe Price has appointed Nicholas Tong, CFA, as the head of Southeast Asia intermediary distribution, effective 9 October.

Based in Singapore, Tong (pictured) will engage with clients across the Southeast Asia region to serve the growing demand from financial intermediaries for actively-managed and forward-thinking investment products, the firm said in a statement.

Tong has a decade of experience working closely with financial intermediaries in Southeast Asia, most recently with Wellington Management where he was a vice president responsible for developing business with strategic private and retail banking clients in Singapore. Previously, he served in distribution roles at UBS Asset Management, PIMCO, and M&G Investments.

The firm said that his proven expertise in the financial industry and deep understanding of the Southeast Asia market position him well to lead T Rowe Price's intermediary distribution efforts in the region.

Manulife Investment Management
Manulife Investment Management has appointed Kenny Lam as chief investment officer and head of transactions, Asia Pacific real estate, effective 4 October 2023.

In his new role, Lam will be responsible for expanding the team’s geographical footprint in Asia-Pacific, managing Manulife Investment Management’s real estate portfolio, identifying and investing in new real estate investment opportunities.

Lam first joined Manulife Investment Management in 2017 as head of Asia real estate investments, after which he took on the role of chief investment officer (strategic investment) at Link REIT in 2022.

During his previous tenure at Manulife Investment Management, Lam led the team in making key transactions across Asia-Pacific, including the establishment of a joint venture with Kenedix in 2022 to pursue multifamily assets in Japan, the joint acquisition of an 11-hectare logistics facility in Greater Ho Chi Minh City in Vietnam with LOGOS in 2022, the purchase of 39 Martin Place Sydney in Australia in partnership with Investa Commercial Property Fund in 2021, and the acquisition of Cityplaza One in Hong Kong together with a consortium of investors in 2020.

“Kenny will play a key role in expanding our investment offerings in Asia, a market of enormous importance in our global real estate growth strategy,” said Marc Feliciano, global head of real estate, private markets, Manulife Investment Management, to whom Lam will report.

Manulife Investment Management's real estate platform provides investment solutions globally as part of its comprehensive private markets' capabilities. As of 30 June 2023, its sustainably operated platform offers core, core-plus, and value-add strategies spanning over 73 million square feet of office, industrial, retail, and multifamily assets strategically across Canada, the US, and Asia Pacific.