Neuberger Berman, an independent, employee-owned private investment management firm, announced the appointment of Simon Cheung as senior vice president to lead the firm's single family office efforts in Hong Kong and Southeast Asia.
Cheung will report to Greg Wu, head of the institutional clients group for Southeast Asia, Hong Kong and Taiwan.
Chan previously worked at UBS, China Minsheng Financial, JP Morgan and Goldman Sachs, and has a particular focus on serving single family offices.
Wu, who relocated from Taiwan to Singapore last year to take on an expanded role, is focused on driving the firm's institutional business in Southeast Asia, Hong Kong and Taiwan.
Wu commented: “(Chan's) in-depth understanding of the single family office industry will be invaluable as we continue to enhance our capabilities and provide excellent service to our clients.”
Additionally, Neuberger Berman has appointed Madeline Ho as head of brokerage sales for Singapore and Southeast Asia, effective August 1. She will report to Jose Cosio, head of brokerage for EMEA, LATAM and APAC.
A veteran of the asset management industry, Ms. Ho has nearly 30 years of experience in financial institutions, managing intermediary and institutional businesses in Southeast Asia. She most recently served as Chief Commercial Officer of SBI Digital Markets, where she developed and executed the strategy for the creation and distribution of tokenized products, including fund products.
Mr Ho was previously CEO and head of wholesale fund distribution for APAC at Natixis Investment Managers in Singapore, where he played a key role in launching and expanding the company's brokerage business in Southeast Asia and Hong Kong. Prior to that, he was regional head of Singapore and Southeast Asia for Fidelity International and head of Singapore for Franklin Templeton Investments.
“We are excited to have Madeline join the firm as we further deepen our relationships with financial institutions in Singapore and Southeast Asia,” said Jose Cosio.
“There is growing demand for multi-sector fixed income and semi-liquid alternative products in the retail sector, and we are confident that (Ho's) experience will help drive our growth in Singapore, where we currently offer 34 funds under the Singapore licensed regime across traditional and alternative asset classes,” said Cosio.
