This publication brings the latest news on wealth management moves in the Asia region.

US-listed Northern Trust has named Simon Willcox as its new head of investment risk and analytical services for the Asia-Pacific region. He will replace Andrew Tan who took up a role in Northern Trust's Canada office.

Willcox will be based in Singapore to lead the delivery of technology, reporting and consulting services for institutional investors and asset managers in the region. Functionally, he will report to Fiona Horsewill, global head of product, investment risk and analytical services, while regionally, he will report to William Mak, head of Asia-Pacific at Northern Trust.

“We see an increasing trend among sophisticated institutional investors in Asia-Pacific looking for compliance analyst services and performance solutions. Under Simon’s regional leadership, Northern Trust is committed to continuing to provide solutions to clients investing across the spectrum of asset classes, and in particular the alternative asset classes,” said Horsewill.

“Northern Trust's business in the Asia-Pacific region has expanded dramatically over the past five years, with assets under custody growing at an annual rate of 13 per cent. The investment risk and analytical services products and services have been a key differentiator for us in the region and I am confident that Simon’s experience and leadership will ensure the continued success of our business in Asia-Pacific,” said Mak.

Willcox was most recently global head of performance product at Northern Trust, which he joined in 2002. Altogether, he has more than 25 years of experience in investment risk and analytics.

Northern Trust is headquartered in Chicago, Illinois, and has offices across the US, Canada, Europe, the Middle East and the Asia-Pacific region. It had $6.2 trillion assets under custody and $946 billion assets under management as of 30 June 2015.