Capital Group has appointed Toby Chan to the newly created role of head of Hong Kong client group. She reports to Grant Leon, managing director of financial intermediaries for Europe and Asia.
Chan will be responsible for the firm’s distribution strategy for intermediary and institutional clients in the city and across China’s Greater Bay Area, which comprises the two Special Administrative Regions of Hong Kong and Macau, and the nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing in Guangdong Province.
Chan has over 20 years of industry experience. Most recently she was with HSBC, managing the bank’s affluent and high-net-worth client segment. In her 15 years with HSBC, she held various senior positions, including within the asset management and wealth management divisions.
Capital Group’s Hong Kong office, established in 1983, offers 25 investment funds across equities and fixed income to local institutional, wholesale and retail investors, and continues to expand its fund range and investment services in the city.
The firm has more than 400 investment professionals globally and six Asia-Pacific offices in Hong Kong, Mumbai, Shanghai, Singapore, Sydney and Tokyo. It was also a pioneer in emerging-market investing, having been invited by the World Bank to launch the first emerging market-focused equity fund more than 35 years ago.