People Moves

Who's Moving Where In Wealth Management? – HSBC, Morningstar

Editorial Staff 7 January 2022

Who's Moving Where In Wealth Management? – HSBC, Morningstar

The latest moves and appointments in around the Asia-Pacific wealth management sector.

HSBC
HSBC Asset Management has appointed Cheong Mun Fai as senior vice president, ETF and indexing business development. Based in Singapore, Mun Fai reports to Jacqueline Pang, head of ETF and indexing sales, Asia-Pacific.

Prior to joining HSBC Asset Management, Mun Fai was vice president at State Street Global Advisors, responsible for leading the SPDR ETF sales effort across the institutional and intermediary channels in Singapore. Before that, Mun Fai was a discretionary portfolio manager at CTBC Private Bank where he built portfolios for high net worth investors. Previously, Mun Fai was a client portfolio manager for Asian equities at Eastspring Investments.

Morningstar
Investment research firm Morningstar has appointed Wing Chan as head of manager research, Europe and Asia-Pacific. Wing Chan was most recently director of manager research practice, EMEA and Asia, at Morningstar Investment Management Asia Limited, a wholly-owned subsidiary of Morningstar. He is still based in Hong Kong.

In this new role, Chan oversees Morningstar’s European and Asia-Pacific manager research analyst teams, including the regional practices in the UK, Australia and New Zealand. Also, he still oversees the cross-border practice, which includes analyst teams in continental Europe and Asia.

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