The Asia unit of Neuberger Berman said it has hired six new marketing and sales executives across its Hong Kong, Singapore, and Taiwan offices to meet client demand.
Joining the Hong Kong office is Marco Tang from Baring Asset Management as the head of retail distribution for Mainland China and Hong Kong, while Katherine Low who worked as vice president for retail sales at Blackrock will now spearhead Neuberger’s retail distribution in Singapore.
Tang joined Barings in May last year as head of sales, client service and business development for mutual fund distribution across Hong Kong, China and Singapore. His stints also include asset managers such as JP Morgan Asset Management, Allianz Global Investors, HSBC Asset Management and Jardine Fleming Unit Trusts.
The building up of the team follows the asset manager’s recent decision to expand its fund range in Asia, making 11 funds available to the retail market in Hong Kong and a further three in Singapore.
Among other appointments, Elina Choy from First State joins the Hong Kong office as head of Asia Pacific, product and marketing, while Alliance Bernstein’s Kay So has been appointed as a marketing director in the country.
In Taiwan, the firm has hired two channel sales executives – Anny Wang from Baring Asset Management along with David Huang who joins from Allianz Global Investors.
Nick Hoar, managing director and head of Asia Pacific for Neuberger Berman, said in a statement that the company’s customer base has grown “significantly” over the past few years across the Asia Pacific region.
“These additional hires will allow us to continue to expand our client franchise in this important region,” Hoar said.
With offices in 16 countries, Neuberger Berman managed $247bn in client assets as of 31 March.
