China Universal loses Wong, moving Shanghai staff

Shanghai-based China Universal Asset Management is reshuffling its senior management following the departure of Doris Wong, chief marketing officer for its Hong Kong arm, on October 9. AsianInvestor could not ascertain her next destination by press time.

The firm will relocate managing directors Christopher Gunns and Shelley Yang to Hong Kong from Shanghai in upcoming weeks, and a third more junior executive will join soon after, a spokesman says, without providing a name.

Gunns joined China Universal’s Shanghai office from ING Investment Management in May. He had two different stints at ING Investment Management, first from 2001 through 2008 as an institutional sales director out of Hong Kong, and then again from 2011 through May 2013 in Beijing. In between, he worked as a consultant relations director at Neuberger Berman in Hong Kong from January 2010 through November 2011.

Yang has been at China Universal since June 2012, having previously worked at Guotai Asset Management.

These changes bring China Universal’s Hong Kong marketing team up to six.

Wong joined the firm in February 2010 as chief marketing officer and was instrumental in helping the firm grow its qualified foreign institutional investor (QFII) and renminbi QFII business. She also contributed to China Universal picking up AsianInvestor’s best business development award this year.

Earlier this summer, the Shanghai-based firm’s Hong Kong subsidiary listed an RQFII exchange-traded fund on June 28 in Hong Kong – it tracks China’s benchmark CSI 300 index. This follows its launch of an RMB bond fund in 2011.

Wong previously worked at Standard Life Investments as an investment director focused on Greater China. She also held senior distribution roles at SG Asset Management, Allianz Dresdner Asset Management and Fidelity.