People Moves
Investec Asset Management Pushes Asian Private Banking Outreach
The new figure will be based in Singapore.
Investec
Asset Management has appointed John Cappetta as head of
private banking, Asia advisor, with immediate effect. Cappetta
will be based in Singapore with responsibility for managing and
driving the IAM’s private bank distribution business across
Asia.
With 28 years in financial services, Cappetta joins the firm from
Julius Baer where he was the head of funds advisory for Asia,
based in Singapore. Previously, he had various senior roles at
Merrill Lynch, George Van & Company and Safra Asset Management in
the US, Singapore and Australia.
“We are excited to tap into his wealth of experience and
expertise in managed advisory sales to private bankers and high
net worth clients, which will be instrumental in bolstering our
private banking distribution in Asia,” Eric Fu, managing director
and country head for Greater China, who oversees Investec Asset
Management’s Asia advisor business, said.
IAM managed more than $151.3 billion on behalf of third-party
clients as of the end of June this year.
