Carret Private Investments (Asia) an affiliate of Carret Asset Management, an investment manager based in New York, has made two senior additions to its Hong Kong business.
David Lam joins Carret Private Investments’ asset management subsidiary Carret Asset Management (CAM) as Chairman of the Advisory Board.
With more than 34 years of experience in the financial industry, Lam brings a broad base of professional and management expertise.
He has held various key positions, most recently as Head of North Asia for Coutts Private Bank and the Head of GAM for the Asia Pacific region.
In his new role he will be based in Hong Kong.
Demand From Greater China
Also joining the group is Calvin Hsu who joins Carret Private Investments’ wealth management affiliate, QL Asset Management Company, (QL) as Partner and Head of Greater China.
Hsu brings with him over 28 years of experience with various international banks in Asia and the U.S.
He spent much of his financial career working for Citibank; most recently as Regional Head for Citi Wealth Advisors and previously in senior wealth management roles at Salomon Smith Barney.
Prior to this, he was Managing Director and Head of Hong Kong for Merrill Lynch Global Wealth Management, he will also be based in Hong Kong.
«We are very pleased to welcome David and Calvin to our family. They join at an important time as we continue to grow our Asian multi-family office business, particularly in response to the needs of the Greater China market,» said Kenneth Ho, Managing Partner of Carret Private Investments.
