CCAM eyes hires as it begins to invest

Sep 11, 2012

Initially the firm is looking at high-yielding stocks to kick-start a $1 billion Asia ex-Japan equity mandate for parent Cathay, but it is questioning the relevance of Asian fixed income.

Cathay Conning Asset Management (CCAM) is beginning to invest money from its first mandate – Asia ex-Japan equities – as it casts around for further recruits in a tough market. The start-up firm opened in Hong Kong this May with type 1, 4 and 9 licences to serve institutional investors. CEO Mark Konyn has set out to hire 25 staff by the end of Q1 next year. So far CCAM has Timothy Matson as CIO; Bratin Sanyal as head of equity; Ronald Lee as associate PM; Nipun Sharma as equity …

Please sign in or register

for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.