Los Angeles-headquartered Capital Group expands its Asia team with the hire of a head of financial intermediaries for Hong Kong.
Angela Jin joins Capital Group as head of financial intermediaries for Hong Kong, according to a statement. Based in Hong Kong, she reports to Toby Chan, head of client group, Hong Kong and Greater China.
Jin was most recently working at PIMCO where she spent eight years building the firm’s wealth management business in North Asia, last as its head of private banking for Hong Kong. Previously, she also led MSCI’s ESG business with institutional clients for the Asia ex-Japan region.
Banking Partners
According to Capital Group, its distribution strategy in Asia involves partnering with financial intermediaries and institutions. In the first half of 2023, this includes distributorships with UBS Global Wealth Management, HSBC China and Bank of China (Hong Kong).
«As one of the world’s largest active managers, we have significantly expanded our regional footprint through introducing Capital Group funds on new platforms and entering distributorships with leading global and local banks,» Chan said.
Founded in 1931, Capital Group has more than $2.3 trillion of assets under management, as of 31 March 2023.
