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RETAIL FINANCIAL SERVICES | , Singapore
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Fortis merges Asian equities and China investment centres

Fortis Investments is merging its Asian Equities and Greater China investment centres into one single, autonomous unit as it recognizes the strategic importance of the Asia ex-Japan region and Asian equities as an asset class for investors. This streamlining ensures that clients gain the maximum possible benefit from a centralised research platform. It also reflects Fortis' view that stock picking across sector rather than country lines should continue to gain in importance as a driver of excess returns. For the Greater China region, the addition of regional sector analysts will enhance the research capability greatly.

Patrick Ho, head of Asian equities, will lead the combined investment centre, assisted by Desmond Tjiang as deputy head and CIO for Asia ex-Japan portfolios and Mandy Chan as CIO for Greater China funds. Their team will be one of the most comprehensive buy-side resources in the region running Asia ex-Japan portfolios today. Because of the change in investment approach, Ronald Chan is stepping down as CIO for Asia ex-Japan portfolios.

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