Capital Group has appointed Guy Henriques as head of Europe and Asia Distribution, joining in November following a number of years at Schroders in distribution and other senior management roles.
The appointment comes as Capital Group, which has been serving investors in Europe for more than half a century, and in Asia-Pacific for more than three decades, said it is seeking to build its Luxembourg fund range with "one to two new fund launches per year over the next three years."
Currently, it has some 23 Luxembourg Ucits available to European and Asian investors, served through some 14 locally based offices.
Henriques, who has 30 years' experience in the industry, most recently was head of UK Distribution and CEO for Latin America at Schroders. He has also been president of Schroders Japan and head of Official Institutions and Head of Institutional for Asia-Pacific. Before Schroders, he was head of Asset Management at the Bank for International Settlements, as well as head of Treasury for Asia-Pacific.
With a past history of living both in Europe and Asia - London, Hong Kong, Tokyo - he will be based in London for his new role that starts in November.
Hamish Forsyth, president of Europe and Asia, Capital Group, said: "For the last several years, we've made significant strides in growing our business and serving clients in Europe and the Asia-Pacific region. This has included delivering more investment offerings, establishing permanent sales presences in several critical financial centres, and better leveraging our global marketing capabilities. Guy's appointment to Capital Group will accelerate these trends."
Mike Gitlin, member of Capital Group's Management Committee, and head of Fixed Income, said: "Throughout our conversations with Guy, we have been impressed by his depth of experience across the globe and his commitment to serving clients. Europe and the Asia-Pacific region represent an important growth opportunity for Capital Group in the years and decades ahead, and we think that Guy is particularly well-suited to lead a team that's done outstanding work in helping investors around the globe."