People Moves

Who’s Moving Where In Wealth Management – Matthews Asia

Editorial Staff 26 May 2023

Who’s Moving Where In Wealth Management – Matthews Asia

The latest moves and appointments for senior roles for Asia-Pacific wealth management.

Matthews Asia  
Matthews Asia, the San Francisco-based asset manager that focuses on Asia, has announced that Beonca Yip has joined as head of Asia-Pacific.

Yip (pictured) will be responsible for overseeing the firm’s business in the Asia-Pacific region as well as leading its distribution activities, with a particular focus on the firm’s growing institutional business. She will continue to expand the firm’s growing client base in the region and tailor investment solutions that meet the needs of investors in the region.

Yip has over 28 years of experience in senior distribution leadership roles where she served both sophisticated institutional asset owners and advisory channel clients across the APAC region. Previously, as managing director, head of global client group based in Beijing, she led the distribution and client service teams at China Asset Management. Prior to that she served in senior roles that included head of advisor business – Asia at Investec Asset Management and head of retail sales in Asia and Europe for Eastspring Investments, the firm said in a statement.

“Asia Pacific remains a strategically important region for Matthews and Beonca enhances our focus on sophisticated institutional investors in the region…Beonca’s network and enthusiasm will strengthen relationships with existing clients as well as accelerate the growth of our outreach across the region as investors seek more customized, active exposures to Emerging Markets and Asia,” Cooper Abbott, chief executive officer of Matthews, said.

Neil Steedman, head of international distribution added: “I am pleased to welcome Beonca to the team. She brings almost 30 years of client-focused experience in the investment industry in Asia Pacific with an impressive track record of developing strong partnerships. Her appointment reinforces our commitment to the region, and our clients, as we continue to expand our footprint in these key markets.”

Yip added: “I am delighted to join Matthews and look forward to building on the success the firm has achieved. Matthews has a strong brand in the region and with over 30 years of experience investing in the Emerging Markets, the firm offers its clients a differentiated value proposition and product platform that I believe will resonate with a growing number of institutions and intermediaries.”

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