People Moves
Manulife Asset Management Names Four Senior Singapore Hires

Manulife Asset Management has made a quartet of key appointments to its fixed income, equity, sales and compliance teams in Singapore.
Khim Hau Ng was named senior director for fixed income in early July, working alongside and reporting locally to Cheng Duan Pang, the head of fixed income, Singapore, and regionally to Yu-Ming Wang, head of fixed income, Asia. Hau joins from AXA Investment Management Asia Pacific, where he worked for over six years. Prior to that, he was with ABN AMRO Asset Management as a portfolio manager for fixed income.
In his new role, he provides support in developing new products and investment-linked products and securing insitutional mandates. He also liaises with the over 35 fixed income professionals across Asia.
Lisa Yong was named senior director for equities also in July. She reports locally to Amy Low, the head of equities, Singapore and regionally to Ronald Chan, the head of equities, Asia. Yong has worked for the likes of Lion Global Investors, Allianz Global Investors and Deutsche Asset Management in Asia. Her role consists mainly of managing Singapore's equity general account portfolios and third party funds.
Vincent Teo has stepped in to the newly-created role of head of wholesale sales and reports directly to Jill Smith, the senior managing director for Singapore. He joined from AIA where he was a senior business development director. Before that, he worked at FIL Investment Management as senior sales manager in Singapore. His role at Manulife involves working closely with the firm's head of wealth management and his team, including their local agency force and external parties.
Keith Cheang is the latest hire and stepped in as head of compliance in August. Cheang has over 15 years of investment industry experience and joined from Wellington International Management Company where he was associate director for the legal and compliance team. He also previously worked in similar roles for Western Asset Management and AIG International Funds Singapore. He reports locally to Jill Smith and regionally to Daniel Lam, the chief compliance officer, Asia.
"The new additions to the team are indicative of our growth plans and encompass our main focus of expanding our assets under management in Singapore by 50 per cent from S$3.1 billion to S$4.5 billion and our headcount from 19 to 30 by the end of 2013," said Smith in a statement.
Manulife Asset Management has full investment capabilities in Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia and the Philippines. Additionally, it has a joint venture asset management business in China, Manulife TEDA. As of 30 June 2011, the company records $217 billion in total assets under management.