Henderson boosts Asia team hiring alumnus from German rivals
Henderson has appointed an alumnus of units of Germany’s two largest financial groups as it boosts its Asian team.
Shiro Tsubota, who joined on Monday as Henderson’s CEO for Japan, was previously head of operations for Asia Pacific with Pimco, the fixed income specialist of Allianz Global Investors, and he has also worked at Deutsche Asset Management.
Tsubota has also worked at Goldman Sachs Asset Management.
Former CEO, Japan, Takashi Muramatsu, has taken the role of executive adviser at the company.
Henderson also hired Mabel Chan as head of retail distribution, Asia. She was executive director and head of distribution for Asia ex-Japan with UBP Asset Management (Asia), part of the Swiss investment giant.
She has also worked for BNP Investment Partners Asia Limited and Invesco Asset Management Asia.
She joins Henderson today, and is based in Hong Kong.
Alexander Henderson, managing director, Asia, said, “Henderson has its sight set on Asia to be a key region for future development. Clearly, the centre of gravity for both private wealth and institutional fund management is shifting towards Asia and we as fund managers need to recognise our clients’ needs and redefine our approach to the Asian markets.”
Asian assets now represent just 5% of the group’s total, but Henderson said: “Over the next three years we have a clear ambition to significantly grow our Asian assets under management.”