Sam Edwards will take on the role, joining the US financial services group from Credit Suisse where he worked for 12 years.
Most recently, Mr Edwards worked as head of Asia-Pacific central collateral desk and prior to that he spent six years at Lehman Brothers on its equity and fixed-income secured financing desk.
“The objective for our clients is not only to meet the immediate needs of margin segregation and management, but also to deliver greater ongoing returns in a challenging market place,” Mr Edwards said.
“To that end, we are partnering with them to enable enhanced inventory, liquidity and risk management to drive financial resource efficiency and overall returns.
“I look forward to engaging and working with our clients across APAC.”
Mr Edwards will be based in Hong Kong and report globally to Staffan Ahlner, global head of collateral management, and regionally to Michele Hardeman, head of global markets, Asia Pacific.
“Collateral management is fundamental for institutions to manage capital, risk, liquidity and regulatory compliance,” Mr Ahlner said.
“Market evolution has not only highlighted the importance of liquidity management but also its efficiency large buffers could represent a drag on portfolio balance.
“Whilst there are several opportunities in the market the evolving regulations are adding operational complexity and creating liquidity challenges for investors if collateral is not managed properly.”
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.
