EFG asset management arm makes key Asian hire from GAM
EFG Asset Management has hired Chinese fund manager Mansfield Mok from Swiss rival GAM, to further broaden its Asian fund management capabilities.
At GAM, Mok ran the $1.5bn GAM Star China Equity fund. During his five year tenure there, the portfolio outperformed the MSCI China Index by 72.1%.
Mok has more than 21 years’ investment markets experience investing, both at GAM and also firms such as Munich Re Asia Capital Management, ING Barings Securities HK Limited and Hoare Govett.
The asset management arm of Swiss private bank EFG already runs various products in Asia, including in equity income and pre-IPO stocks, and expects to grow its Asian client base over time, as well.
Mok will be responsible for further equity investing in China, and will be based in Hong Kong.
Moz Afzal (pictured), EFGAM chief investment officer, said: “As part of our continued drive into Asia and interest in the region, we are delighted to have Mansfield on board. He is a leading manager with a wealth of experience in investing in Chinese equities, and will be a valuable asset to the team.”
His appointment follows on from the recent hiring of Tony Jordan, manager of EFGAM’s New Capital Asia Pacific Equity Income fund.
EFGAM has offices in Asia, and staff there to serve various fund clients, both from the private bank within the broader group, and institutional investors.