The growing team at Singapore-based external asset manager HP Wealth Management has been augmented with news that two new hires have joined the ambitious firm.
finews.asia met with HP Wealth Management founder and CEO Urs Brutsch last year. At the time Brutsch, who has been in Asia for 30 years, said he was hoping to be able to attract top client advisors.
Joining the firm are Jose Camacho and Edwin Chan, as finews.asia can now reveal. Camacho joins the 15-member team as a private markets specialist. He is responsible for identifying investment opportunities in private equity and debt markets globally.
Camacho is co-founder of Touchstone Ventures, a direct investments advisory firm, which he launched in 2014. Prior to that, he worked at UBS Wealth Management, where he was in charge of capital raising efforts among family offices and ultra-high net worth investors globally.
Senior Portfolio Manager
Edwin Chan joins the investment team as a senior portfolio manager responsible for the firm’s growing mandates.
Chan started his career as a portfolio manager with the Monetary Authority of Singapore, and has more than 15 years of experience in the global fixed income markets on both the buy and sell side as well as trading.
Acquisitions Also Possible
He was previously a Fixed Income Investment Counsellor at the Bank of Singapore and was most recently a contributing writer for a Singapore bond investing website. He has worked for UBS, DBS and LBBW.
HP Wealth Management operates without taking retrocessions, but pays its advisors 50 percent of wealth management fees. The firm mainly manages Asian client money, and Brutsch (pictured) hopes to lift deposits to 2 to 3 billion Swiss francs. «We’re on the right track to reach this,» he says, and he is open to acquisitions in order to reach the goal.
