People Moves
The Boston/Paris-headquartered business, with more than $1.4 trillion in AuM, is one of the big-hitters in the asset management world. It is targeting what it sees as continued strong wealth management growth in Asia.
Natixis
Investment Managers has appointed Johan Lim as head of wealth
for Hong Kong, Singapore and Southeast Asia.
Lim will work with the firm’s global network of affiliates to
deliver its solutions to the region’s wealth segment. In this
role, he will oversee an existing group of wholesale distribution
team members across Hong Kong and Singapore. Lim is based in
Singapore and reports to Dora Seow, CEO, Natixis IM
Singapore.
“The wealth business is a key driver of Natixis IM’s growth
strategy and we see significant opportunity in this segment in
the years ahead,” Seow said in a statement. “Private wealth in
Asia continues to increase, with the growth rate of high net
worth and ultra-high net worth individuals set to increase by 38
per cent between 2023 and 2028, according to some
projections.”
This publication has asked Natixis IM whether Lim’s role is
a newly-formed one, and will clarify in due course.
Lim has more than 20 years’ experience in the asset management
industry in Asia-Pacific. Previously, he was at Morgan
Stanley Investment Management, where he served in various
roles over a 16-year career, most recently as executive director,
international distribution. Prior to this, Lim spent several
years working in the investment management teams at banks and
asset managers in Malaysia, including CIMB.
Natixis IM, which has more than $1.4 trillion assets under
management, is headquartered in Paris and Boston. It is part of
the Global Financial Services division of Paris-based Groupe
BPCE.
This post was originally published on here
