The latest senior wealth management moves and appointments in the Asia-Pacific region.

PIMCO
PIMCO, a fixed income investment manager, has named Qi Wang, managing director and portfolio manager, as CIO of portfolio implementation.

The firm said that Wang will be joining the other members of PIMCO’s CIO leadership team, notably Daniel Ivascyn, group CIO; Marc Seidner, CIO of non-traditional strategies; Andrew Balls, CIO of global; Scott Mather, CIO of core strategies; and Mark Kiesel, CIO of credit.

Wang, who has 27 years of investment experience, joined PIMCO in 2010. She will oversee analytics, as well as the newly-created teams of portfolio implementation and data structure and delivery, which will collaborate with portfolio managers and risk managers to strengthen the integration of new technology, analytics, risk management and execution into PIMCO’s investment decisions, the firm said.

“Wang will lead this collaborative effort to ensure all PIMCO’s portfolio management teams draw on our deep quantitative and analytical resources to capitalise on the increasing array of investment opportunities we now see in global markets,” Ivascyn said.

In addition, Sudi Mariappa, managing director and portfolio manager, who has led PIMCO’s global portfolio risk management, will become global head of analytics. Mariappa is replacing Ravi Mattu, managing director, who is retiring from PIMCO after a four-decade career in financial services. Josh Davis, managing director, will become global head of risk management, the firm added.

Mariappa, who has 34 years of experience in the investment industry, has served in a number of roles at PIMCO including generalist portfolio manager, senior advisory roles to the PM group and has led teams managing global bond strategies. He will work with Masoud Sharif, executive vice president, head of core risk analytics, and Marco van Akkeren, executive vice president, head of desk quant analytics, the firm added.

Davis brings almost two decades of broad experience in portfolio management, risk management, team leadership and analytics, the firm said. His combination of expertise in portfolio construction, asset allocation and analytics gives him a unique understanding of managing risk from both a portfolio management and client perspective.  He will be supported by Matt Putnicki, executive vice president, who has more than a decade of experience in risk management, is a member of the global risk committee and oversees PIMCO’s experienced team of risk managers.

Value Partners Group 
Value Partners Group, an Asian asset manager, has appointed June Wong as CEO, starting from 1 July.

Wong, who was previously the group's president, will now dedicate more time to managing the group’s overall business, corporate strategy, and operations, the firm said. She will continue to report directly to the group’s co-chairmen and co-chief investment officers.

Wong joined Value Partners in October 2021, most recently serving as the group’s president. She was appointed as an executive director of the board of Value Partners on 24 January 2022 and is currently a member of the leadership committee and the risk management committee of the group. Wong has three decades of experience and expertise in the finance, actuarial, and asset management industries across Asia, the firm stressed.