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Nikko AM boosts Singapore team

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Nikko AM has boosted its Asian equities and fixed income teams with three Singapore-based appointments.

Wilson Fong has been appointed as the head of China strategies, Shivaz Rai joins as investment director for fixed income, and Tian Sing Wee has been appointed as risk manager.

Mr Fong, who has been managing equity portfolios for close to 27 years, will head the Greater China equities team.

He joins from Lion Global Investors Limited in Singapore.

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Mr Rai makes the move to Nikko AM from Alchemy Investment Management in Singapore, and has 15 years of investment experience – covering equities, fixed income, currencies and convertibles.

Mr Rai will be responsible for Asian local currency and rates, as well as Asian credit strategy inputs.

Mr Wee is a risk and performance management specialist with 13 years of experience and will be responsible for assessing the aggregate investment risk profile at Nikko AM Asia.

He makes the move from the Government of Singapore Investment Corporation, where he was responsible for the analysis and attribution of key portfolio risk.

The three new hires will report directly to the president of Nikko AM Asia, Eleanor Seet.

Nikko AM international chief investment officer Yu-Ming Wang said the appointments were part of the firm’s plan to increase its coverage globally.

“Nikko AM has a plan for continued growth across the Asia Pacific region and I am pleased to support that with these strategic new hires to the investment team,” said Mr Wang. 

Australian-based Tyndall AM, which is owned by Nikko AM, last month appointed James Alexander as deputy head of fixed income.