Paragon Capital Management Singapore (PCMS) has added two senior team members, both formerly at Credit Suisse Private Bank.

William Goh is a vice president and portfolio manager for PCMS’ Paragon Income I, which is an income-oriented fund aimed at stable long-term returns for accredited investors, the wealth manager said in a press release Thursday.

Goh was previously at Credit Suisse Private Bank in positions including fixed income sales specialist, dealer and client service representative, the release said. His roles included advising ultra-high-net-worth clients (UHNW) clients, external asset managers and internal teams, the wealth manager said.

Expanding Products

«Independent Asset Managers like PCMS have seen rapid growth in recent years and more clients and practitioners recognise their value proposition,» Goh said in the statement, noting he was joining as the wealth manager is expanding its client products.

Additionally, Ethan Lim has joined PCMS as an advisor for discretionary portfolio management and will provide independent advice to family office clients, the wealth manager said. Previously, Lim was with Credit Suisse Private Bank for seven years as a client relationship manager, the release said, adding his work experience included being a director of private banking at ABN AMRO Bank and a client relationship manager at UOB.

Earlier Credit Suisse Hire

The two additions to PCMS aren’t its only hires from Credit Suisse. In July 2021, the wealth manager brought in Carinn Neo, who was formerly the fixed income head at Credit Suisse’s private banking arm in Singapore. She manages PCMS’ Paragon Income Fund.

In addition, in August 2021, PCMS brought in Sean Quek, a former Bank of Singapore executive, as a managing director and senior portfolio manager to lead a new equities-focused fund.

PCMS provides discretionary portfolio management services for accredited investors.