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June 1, 2021

Ninety One names new head of Greater China institutional business

By Verdict Staff

Ninety One, previously called Investec Asset Management, has appointed Evelyn Xia as managing director and head of Greater China institutional business.

Xia, who will operate from Hong Kong, will manage and drive the company’s institutional business across the region.

She will report to Ninety One Greater China country head and managing director Eric Fu.

Xia has over ten years of financial services experience and extensive client relationships in the region.

She joins the firm from RBC Global Asset Management, where she served as managing director and head of Asia Sales for institutional client coverage and strategic development in Asia.

Prior to RBC, Xia worked as head of international desk at Banco Santander Hong Kong Branch.

She has also worked at Santander Global Banking & Markets in London and Madrid headquarters.

Fu said: “Ninety One is committed to strengthening its distribution capabilities across all channels in Greater China.

“With Evelyn’s solid experience in Greater China institutional business, coupled with our investment expertise, we are delighted to welcome Evelyn to join us and take our business in Greater China to the next level.”

Ninety One Asia Pacific and Middle East managing director Mark Samuelson added: “With Evelyn joining our team, we are confident that we can further capitalise on the tremendous opportunities in Greater China, which we see as a strategically important market for us in the years to come.”

Ninety One demerged from Investec in March last year and started trading on London as well as Johannesburg stock exchanges.

Investec first announced the demerger in 2019 and said that the asset management business would be rebranded as Ninety One.

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