HSBC Asset Management (HSBC AM) has hired Daisy Ho to lead its business in Asia-Pacific and Hong Kong.
As regional CEO for Asia Pacific & Hong Kong, Ho will be responsible for developing HSBC AM’s business in Asia Pacific by continuing to fortify the firm’s footprint in Hong Kong,
She will also focus on expanding the unit’s market share across core markets and growing its presence in mainland China, India, and ASEAN.
Additionally, her role will include the CEO responsibilities for HSBC AM Hong Kong.
Ho joins from Fidelity International, where she served as president for China managing overall China strategy across investments, business, operations and other key functions.
She, having joined the firm in 2005, had held several key positions including head of Relationship Management, Institutional Business, Hong Kong and head of Institutional Business, Asia ex-Japan.
Prior to that, she held several senior management roles in the wealth management and asset management divisions of JPMorgan, AXA and Hang Seng Bank.
HSBC Asset Management CEO Nicolas Moreau said: “Daisy’s extensive experience and knowledge of the fast-growing markets in Asia Pacific will prove invaluable to fulfilling our ambition of becoming a leading international asset manager in the region and supporting HSBC’s Asia Wealth strategy.”
Ho replaces Pedro Bastos, who was recently appointed in the newly created role of CIO International Markets & Asia Strategist.
Bastos will focus on promoting the firm’s global house views and Asia macro and investment views.
He will collaborate with asset class CIOs and CIOs of the firm’s International Markets to assist their local investment teams in achieving their objectives.
This July, HSBC AM acquired a minority stake in the US-based Radiant ESG as part of a strategic investment in the firm.