Responsible investment firm Federated Hermes has bolstered its Asia-Pacific distribution team with three appointments in Singapore and in Australia.
In Singapore, it has named Alex Ng as head of wholesale distribution for Asia. His role was created in response to the increased appetite from wholesale clients for the firm’s sustainable investment products.
Ng, who will be joining the firm in November, was at Aberdeen Standard Investments, where he was responsible for the distribution firm-wide capabilities to banks and family offices in the region.
Mark Coppell, who was most recently the firm’s London-based senior client relationship manager, has been relocated to Singapore to focus on the firm’s global liquidity product offering, according to the statement.
Meanwhile, the firm has also established a full regulated corporate subsidiary in Australia and appointed Gary Horton in the newly created role of head of distribution for Australia and New Zealand. Based in Sydney, he will be responsible for raising third-party assets and delivering new business targets across both countries.
Horton was at Janus Henderson, where he was head of institutional business in Australia.
Ng, Coppell and Horton will all report to Jakob Nilsson, head of distribution for Asia-pacific, according to the statement.
“The [appointments are] built on the significant uplift we are seeing for our combined range of leading investment products and stewardship services,” Harriet Steel, head of business development for the international business of Federated Hermes, said in the statement.
“Their collective skillsets and knowledge of the client landscape across Asia-Pacific will be key to this next stage of growth for the company.”
As of end June, Federated Hermes managed $628.8bn in assets globally, according to the statement.