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Capital Group outlines plans for Asia expansion

Added 26th January 2015

Capital Group has hired three professionals in Asia and has plans to expand distribution to the retail investor.

Capital Group outlines plans for Asia expansion

The firm added personnel in Hong Kong, Tokyo and Sydney.

In Hong Kong, the firm appointed Stanley Chan as a relationship manager. He is responsible for expanding the institutional and financial intermediary segment in the territory. Chan previously worked with Morgan Stanley Investment Management.

Masaki Takada, who was earlier with Wellington Management, joined as a senior relationship manager in Tokyo. He is responsible for the group’s institutional sales efforts in Japan. 

In Sydney, the firm has appointed Scott Baker and Nigel Waugh as key account managers.  

Andrew Economos, senior vice president for strategic solutions in Asia, said the firm plans to expand distribution capabilities to the retail investor and financial intermediary segments.

New products are expected to be introduced to these segments, and the firm will boost investment management and research personnel in Asia.

The firm currently offers growth, multi-asset, outcome oriented and fixed income products and has plans to unveil new investment strategies to Asian investors in 2015. 

“Capital Group is committed to Asia. We recognise tremendous opportunity across Asia to service a broader range of investors, particularly in the retail and financial intermediary segments,” said Economos, who joined the company in May last year.





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