The firm is hiring to meet the increasing client demand for practical investment advice and portfolio management solutions in Asia, and will further expand its suite of services.
U.K.-based insurance broking giant Willis Towers Watson is expanding its Asia investments team by a third to further strengthen its integrated solutions in advisory and delegated investment services, it announced in a statement on Monday.
Based in Hong Kong, the new hires include: Liang Yin, director of manager research, private equity and China specialist, who recently transferred to Hong Kong from TAI in the U.K.; Eleanor Wang, associate, who joins the manager research team; Raymond Kwong, director, and Jason Zeall, associate director, both join the client consulting team, along with two associates who will also join the client consulting team in October.
Important Market
The firm said there is an increasing need for sophisticated investment solutions to best manage the wealth being generated in the region, citing data from Thinking Ahead Institute (TAI), which showed assets under management (AUM) in Asia Pacific pension funds growing by 13.9 percent in 2020, despite the COVID-19 pandemic.
In Asia, asset owners are increasingly turning to us for multi-disciplinary advice and dynamic solutions to manage their portfolios in a constantly evolving economic environment,» Jayne Bok, Willis Towers Watson head of investments for Asia, said.
«Asia has always been an important market for us, and we are responding to the growing demand from our existing pension and sovereign wealth fund clients, as well as from insurance companies, endowments and family offices by investing further in the region,» she added.
