The Shenning business describes itself as a "private equity fund manager specialising in emerging Asian markets and real estate." The new joiner, who is MD, family office, has worked at a number of banks including Standard Chartered, BNP Paribas, EFG and VP Bank.

A senior figure at EFG Bank in Singapore, Kimmis Pun, has joined Shenning Investments as managing director family office. Her appointment was confirmed by Shenning when contacted by this news service.

Pun was senior managing director and head, Greater China at EFG from April 2019 to December this year.

Prior to EFG, Pun was head of private banking of VP Bank (May 2018 to April 2019), before that she was MD, Standard Chartered Bank in Singapore for almost two-and-half years. Previously, she worked at BNP Paribas from September 2014 to December 2015.

Shenning calls itself a “private equity fund manager specialising in emerging Asian markets and real estate.” Shenning is a fund manager specialising in private equity and family office investment management. Senior figures include its founder and CEO Ng Chee Yuen, and MD Kimmis Pun. Prior to Shenning, Ng Chee Yuen led Asian private equity direct investments for a Saudi family office. He was also the Chairman of the Capella Hotel Group for nine years

"Shenning Family Office Investment Management Services aim to assist UHNWIs in their wealth planning, global diversification of assets and investments, establishment of dedicated family offices as well as in the development of meaningful philanthropic initiatives. Our core team of senior investment directors have experiences in different asset classes; we are committed to creating enduring value for the UHNWI’s families and mentoring their next generation," a spokesperson for the firm told this news service.  

The rise of such groups is all of a piece with the development of external asset managers/independent wealth managers in the Asia-Pacific region. They are often founded by break-away teams from large banks, playing to the idea that they don’t - so it is claimed - offer un-conflicted advice and don’t pitch products to clients.