Legal & General IM plans Asian investment team
The UK asset manager has poached Paul So from Enhanced Investment Products to build an index funds team in Hong Kong. EIP has replaced him with ETF veteran Fred Jheon.
Legal & General Investment Management is moving towards running Asia-focused strategies locally, given its plan to build an investment team in Hong Kong. The UK fund house currently makes its allocations to the region from its London headquarters, but that ultimately looks set to change.
Last week LGIM announced the hire of passive product specialist Paul So to the newly created role of head of index funds for Asia Pacific, with a mandate to add staff.
He was previously head…
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