Mirae Asset Global Investment has appointed David Quah as the ETF product specialist in Hong Kong.
Quah’s role is to lead the ETF team product marketing strategy and to oversee investor education initiatives.
He reports to Carmen Cheung, who is head of the ETF team.
Quah previously worked at the Hong Kong Exchanges and Clearing and was responsible for overseeing ETF products and for the initial development of Hong Kong's Growth Enterprise Market. He also worked for the Hong Kong Securities and Futures Commission, the Chinese University of Hong Kong and the World Bank.
“His appointment reinforces our ambition to grow our ETF product offering and operation in Asia where the appetite for cost effective and passive investment solution is flourishing,” said Taeyong Lee, the firm’s president and global head of ETF business.
The firm also relocated Jin Kim from Seoul to Hong Kong in March to take up the role of senior ETF portfolio manager.
The ETF market in Hong Kong has been active this year. BMO Global Asset Management launched its second series of four ETFs in Hong Kong in February. Amundi Asset Management debuted ts ETF in Hong Kong in April.
State Street Global Advisors said in April it named two new hires in Hong Kong and Singapore to strengthen its ETF research and product capabilities in Asia-Pacific.
Samsung Asset Management debuted its oil ETF last Friday.