The organisation is one of a crop of independent asset management firms that have arisen in Singapore and other Asian markets in recent years.

Singapore-headquartered HP Wealth Management, the independent asset management house, has added four senior figures to its ranks. The firm recently marked its 10th anniversary and the new arrivals take the total headcount to 22.

Shirreen Sin joins, with more than 25 years of industry experience. She has worked at Citi, UBS, Goldman Sachs, Credit Suisse and Deutsche Bank. She entered into the independent space in 2018.

Tshua Ngee, another joiner, started his career with the Monetary Authority of Singapore, and has been managing money for more than 20 years. He has worked at Citibank, Western Asset Management and Bank of Singapore. Most recently he was head of fixed income with a Singapore-based independent asset manager.

Edward Pang, meanwhile, started his professional career at Smith Barney in Seattle, before returning to Singapore and joining Citibank as a financial advisor. For the last two years he served clients through an IAM.

Finally, Adriel Chua joins the firm to broaden his exposure in the investment world and also joins from another IAM, the firm said.

Sin and Pang will be develop their own client portfolio and report to Stephane Schmid, partner of the firm. Tshua Ngee and Adriel Chua will join the investment team and report to Michael Foo, chief investment officer.

HP Wealth Management was founded in 2009 by Urs Brutsch and obtained the CMS License from the MAS in 2012.