Mo joins after 16 years with JP Morgan Asset Management, where he was most recently head of the China retail business, responsible for wealth management and client development in retail markets in China, dealing with both Chinese and foreign banks.  He held a number of other distribution and client relationship-focused roles at the firm across Taiwan, Hong Kong and China. He was also a member of the JP Morgan Asset Management China executive committee.

Based in OMGI’s Hong Kong office, Mo will report to Carol Wong, managing director, Asia-Pacific. He will be in charge of developing relationships with regulators, global financial institutions and distributors in the region.

“The deregulation of capital control by the Chinese government has begun to open routes in China; this is a significant opportunity for us to work with professional investors in the world’s second largest economy,” said Wong.

“Richard’s appointment reflects our ongoing desire to expand into markets where we believe we can offer a varied range of investment solutions that meet the demands of an increasingly sophisticated client base. Richard has significant experience developing client relationships in China and I look forward to working with him.”

The appointment follows that of Gerard Clancy, who joined the firm last month as head of sales, South East Asia.

OMGI had assets under management of £27 billion ($35 billion) as at 30 June 2016.