The latest moves, appointments and personnel changes in wealth management for Asia-Pacific.

DWS
German asset manager DWS this week appointed JB Park (pictured) as head of alternatives client coverage for the Asia-Pacific region, which the firm said underscored its commitment to bolstering alternatives distribution and investor engagement in the region.

Park joins as a managing director based in Singapore. He brings more than 20 years of regional capital-raising and cross-border expertise in real estate, private equity and alternative investments. In this position, he will be responsible for delivering DWS’s differentiated alternatives investment solutions to Asia-Pacific clients, the firm said in a statement. He will lead a team of sales and investor relations professionals in Singapore, Hong Kong, Korea and Japan, focused on real estate as well as infrastructure and private credit strategies.

He joins from LaSalle Investment Management, where he spent more than 15 years in senior client-facing investor relations and investment roles. Earlier, he was head of alternative investments for Korea at Standard Chartered Bank.

Ninety One
Ninety One, the UK-headquartered investment firm, confirmed yesterday that the portfolio manager for the Global Gold strategy and a co-portfolio manager for its Global Natural Resources (GNR) strategy is moving to its Singapore office.

George Cheverley will make the move on 1 September, the firm said and keep his existing responsibilities. 

“Singapore is a significant hub for commodity trading and a place where most mining companies have large commercial offices, so George will be able to expand on the network he has established in London to include more physical players in Asia,” a statement from Ninety One said. “He will be geographically closer to the Australian mining companies in which the gold fund is invested - companies which are also important to GNR.”