People Moves
Russell Investments Hires China Business President
The business has been serving Chinese clients for some time and working with investors wanting to tap into the country's onshore equities.
US-based asset manager Russell Investments has hired Ying Tan as president and general manager for Russell Investments Management (Shanghai).
Ying Tan, brings more than 20 years of experience in wealth management, investment research and trading. She reports to chief executive, Asia-Pacific Pete Gunning.
She replaces Brian Ingram, who left the firm on 30 November last year. Ryan Fu, deputy general manager and chief compliance officer in Shanghai, had been acting as interim president and general manager following Ingram’s departure.
Prior to joining the firm, Ying Tan spent more than a decade with Mercer, where she served as a principal in the firm’s Asian manager research capability and later as the head of the firm’s investment business in China. She played a major role in building Mercer’s investment advisory business in China.
Before she joined Mercer, Ying Tan was a senior analyst at the Treasury Office of Children’s Medical Center Corporation in Boston. Earlier in her career, she was a fixed income analyst with Xinhua Finance and a foreign exchange trader with the Bank of Tokyo Mitsubishi.
Based in Seattle, Washington, the firm has been serving the Chinese market for some time, giving multi-asset, multi-manager solutions to Chinese institutional clients seeking exposure to overseas assets and foreign investors who want to tap into onshore Chinese equities (A-shares) and fixed-income securities. In 2011, Russell Investments was part of an affiliation that launched the first manager-of-managers solution in China. Two years ago, Russell Investments agreed to provide support for the design of China Asset Management Co domestic fund-of-funds investment products, including guidance on factor exposures and diversification techniques.
The firm oversees $261 billion in assets (as of 31 December 2018) and provides consulting services on $2.4 trillion in assets (data as of 30 June 2018).
