US asset manager Federated Hermes has expanded its family office business in Asia with the hire of a former Goldman Sachs executive.
Federated Hermes has appointed Calista Ng as associate director - business development, according to a statement, with a focus on APAC family office and private wealth management clients. Based in Singapore, she reports to Mark Coppell, head of institutional business development, Asia ex-Japan.
Ng joins from Goldman Sachs Private Wealth Management in Singapore where she supported ultra-high net worth individuals and family offices across Southeast Asia and Greater China.
«Calista’s appointment is a clear indication of our commitment to the region and our ambition to support the evolving needs of our family office and private wealth management clients,» said Jim Roland, head of business development, APAC at Federated Hermes.
