The Boston/Paris-headquartered business, with more than $1.4 trillion in AuM, is one of the big-hitters in the asset management world. It is targeting what it sees as continued strong wealth management growth in Asia.

Natixis Investment Managers has appointed Johan Lim as head of wealth for Hong Kong, Singapore and Southeast Asia. The role is a newly created one, the firm told this publication when asked. 

Lim will work with the firm’s global network of affiliates to deliver its solutions to the region’s wealth segment. In this role, he will oversee an existing group of wholesale distribution team members across Hong Kong and Singapore. Lim is based in Singapore and reports to Dora Seow, CEO, Natixis IM Singapore. 

“The wealth business is a key driver of Natixis IM’s growth strategy and we see significant opportunity in this segment in the years ahead,” Seow said in a statement. “Private wealth in Asia continues to increase, with the growth rate of high net worth and ultra-high net worth individuals set to increase by 38 per cent between 2023 and 2028, according to some projections.”

Lim has more than 20 years’ experience in the asset management industry in Asia-Pacific. Previously, he was at Morgan Stanley Investment Management, where he served in various roles over a 16-year career, most recently as executive director, international distribution. Prior to this, Lim spent several years working in the investment management teams at banks and asset managers in Malaysia, including CIMB.

Natixis IM, which has more than $1.4 trillion assets under management, is headquartered in Paris and Boston. It is part of the Global Financial Services division of Paris-based Groupe BPCE.