The Hong Kong arm of the global asset manager Aberdeen International Fund Managers, has formulated a new role, the Head of Multi-Asset Solutions, Asia Pacific.
In a press release Aberdeen stated that, with over 20 years’ experience in asset management, Irene Goh (pictured left) will be joining the company on 3 May 2016. Her recruitment signals Aberdeen’s determination to build a strong regional multi-asset business following the integration of Scottish Widows Investment Partnership in the UK just over two years ago.
Goh, who was most recently a Senior Managing Director and Head of Multi-Asset Investments, Asia Pacific at Alliance Bernstein. Goh, a Singaporean, has also held posts at the Government Investment Corporation (GIC) and UBS Global Asset Management.
New Solutions for Asia
The Scottish Widows acquisition, which has since been enhanced by other hires, has given Aberdeen considerable heft in the asset class. As of 31 December 2015 its multi-asset investment solutions team based in the U.K., Singapore and the US includes over 60 investment professionals managing GBP83.3 billion of client assets. The team is led globally by Archie Struthers, to whom Goh will report.
Goh will lead the regional effort to design and manage bespoke multi-asset solutions for retail and institutional distribution, as well as joining the multi-asset Outcome Oriented team responsible for the global flagship fund range of growth and income strategies, as the senior Asian regional representative. She will also have responsibility for building a regional multi-asset investment team.
A Record of Raising Assets
«I am delighted Irene Goh has joined us. She brings both portfolio manager skills and a record of raising assets; her investment expertise and philosophy also dovetail with ours. We have high hopes to grow our Asian presence in multi-asset solutions – an area that has become increasingly relevant (and competitive) as clients seek new sources of return in this continued low interest rate, low growth environment,» commented Archie Struthers, Global Head of Investments Solutions.
