One of a crop of increasingly visible independent asset managers has made a key hire, adding to a number over the past few weeks.

Singapore-based independent asset manager firm TriLake has made its third significant hire in less than six weeks, bringing in senior relationship manager Dean Elder, formerly a senior figure at Standard Chartered’s private bank. 

Elder has more than 25 years of international banking experience gained in the UK, the Channel Islands and Singapore. In his previous role, Elder was director at Standard Chartered Private Bank Singapore.  
“The hiring of an additional senior relationship manager clearly shows that our business model continues to gain traction. Clients as well as relationship managers in Asia are becoming increasingly aware of our value added”, co-chairman of TriLake Partners, Amaury Jordan, said.

In late July, Arnulfo de Pala was appointed chief investment officer at TriLake Partners, having previously held senior roles at HSBC. At the start of the same month, the firm , appointed a former Credit Suisse executive, Dr Daniel Brunner, as executive director, senior client relationship manager. Prior to joining TriLake Partners, Dr Brunner was MD at Credit Suisse in the private banking and wealth management division, based in the Zurich head office.

Independent asset managers are becoming increasingly visible in the Asia-Pacific market, such as in Singapore. This publication recently produced a report on the rise of external asset management firms in the Asian market. (See here and here for details.)