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RBC's Asset Management Arm Expands In Hong Kong
Vanessa Doctor
21 February 2014
, the Canada-headquartered global asset management firm, has bolstered its Hong Kong business with three key hires. The new additions to the Hong Kong team include Tomonori Kaneko and David Soh as equity analysts and Clement Cheng as equities trader. Kaneko, previously a senior analyst and junior portfolio manager for Japan equity strategies for retail and institutional clients at Marshall Wace, will be responsible for covering the Japanese market. He reports to Mayur Nallamala, head of Asian equities at RBC Global Asset Management Asia. Soh joins RBC GAM Asia from Credit Suisse, where he specialised in quantitative investment strategies for institutional fund managers focused on the Asia-Pacific ex-Japan region. As a regional equities analyst at RBC GAM Asia, he will continue to cover the Asia-Pacific ex-Japan area. Cheng brings over seven years of experience in trading the regional markets to RBC GAM Asia. Prior to joining the team, he was at Harvest Asset Management, covering equities and derivatives primarily in Asia, but also with experience in both the European and US markets. In his new role, he will be assisted by Helen Loke on the firm's new dealing desk. The hires complement efforts to strengthen the firm's global and Asian equities businesses. It follows the addition of 10 global equity specialists to its London office this year. To-date, the Hong Kong office comprises 11 investment professionals and staff. RBC Global Asset Management provides investment management services to individual, high net worth and institutional investors. It records some C$310 billion ($280 billion) in assets worldwide.