BNP Paribas Wealth Management have announced a new Managing Director and Chief Investment Officer for Asia.
Prashant Bhayani has joined the bank as Managing Director and Chief Investment Officer, Asia. Based in Singapore, he will report to Arnaud Tellier, Head of Investment Services, Asia, BNP Paribas Wealth Management.
Prashant will have responsibility for developing global asset allocations and investment strategies of the bank’s private clients in Asia in line with the global views of the bank in the various asset classes. His macro investment advice will be an important part of the bank’s investment thinking and portfolio construction. He will also support a broad range of investment research for relationship managers and high-net-worth clients.
«This is a strategic hire that confirms our commitment to delivering cutting edge investment services to our clients. We are confident that Prashant’s well tested expertise will add value to the overall investment management of our clients across Asia,» said Mignonne Cheng, Chairman and Chief Executive Officer, Asia of BNP Paribas Wealth Management.
Multi-asset class experience
Prashant has close to 25 years of multi-asset class management experience across equities, fixed income, foreign exchange, and alternative investments, gained from multi-national experience in Asia, the United Kingdom and the United States. Prior to joining BNP Paribas, he was Senior Global Investment Specialist with J.P. Morgan Private Bank in Singapore.
His earlier experience includes tenures as co-Chief Investment Officer and co-Founder, Managing Partner of Cork Street Capital Advisors, a global equity alternatives firm based in London, and Head Portfolio Manager for the International Growth Opportunities and European Specialist Fund Strategies at Goldman Sachs Asset Management, also based in London.
