The former Eastspring Investments top exec will bring her wealth of experience across different areas of the asset management business to M&G as the firm lays the foundation for long-term strategic growth across Asia.
U.K.-based M&G Investments has appointed Loretta Ng to lead its Asian business as of November 1, 2019, the investment manager announced in a press release on Wednesday.
Ng joins from Eastspring Taiwan, where she has been CEO since 2011. She was also previously the firm's chief marketing officer, and the head of product, marketing and business operations for Eastspring Singapore. She also served on the board of Eastspring’s asset management joint venture in China for three years.
In her new role, Ng will be based in Singapore and will report to Joffy Willcocks, head of distribution for asset management and Graham Mason, chief international officer.
Investment in Asia
Ng's hire marks «another significant step in M&G’s strategy to invest in global locations and markets offering client development opportunities and scope for future growth» the statement said.
M&G also noted the «successful growth» of its Asian real estate investment portfolio, and the investment it has made in Asian equity fund management and research – particularly the recruitment of four investment professionals based in Hong Kong and Singapore in September.
