Milan-headquartered asset manager Eurizon has hired a head of Asia distribution, furthering the Italian firm's ambitions to grow its business in the region.
Dickson Man joins Eurizon Capital Asia in the newly created Hong Kong-based role, according to a statement, reporting to Sean Debow, CEO of Eurizon Capital Asia.
Man joins from T. Rowe Price Investment Management’s Hong Kong unit where he was a relationship manager. Previously, he had also worked with other global asset managers such as Investec and Blackrock.
Asia Expansion
The creation of the new role is in line with Eurizon’s announced ambitions in 2018 to grow its business in the Asia Pacific region.
The firm has already made notable inroads into the mainland China market where it acquired a 49 percent stake in Shenzhen-based Penghua Fund Management, which has over $110 billion in assets under management as of September 30 last year, and its parent company Intesa Sanpaolo Group set up an onshore wealth management business in 2016 to distribute its products.
Eurizon was established in 1988 in the Grand Duchy of Luxembourg and today is one of the largest Italian asset managers with 332 billion euros in assets under management ($401.6 billion).
