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Aberdeen Takes Multi-Asset Solutions Offering Up A Gear In Asia

Tom Burroughes

29 April 2016

Aberdeen International Fund Managers, the Hong Kong arm of the UK-headquartered asset manager, has announced that Irene Goh, formerly of Alliance Bernstein, will join on 3 May in the new role of head of multi-asset solutions for Asia-Pacific.

Goh, who has over 20 years’ experience in asset management, was most recently head of multi-asset investments, Asia-Pacific, at Alliance Bernstein. She has also held posts at the Government Investment Corporation and UBS Global Asset Management, Aberdeen said in a statement yesterday.

“Her recruitment signals Aberdeen’s determination to build a strong regional multi-asset business following the integration of Scottish Widows Investment Partnership in the UK just over two years ago,” it said.

As of 31 December last year, Aberdeen’s multi-asset investment solutions team based in the UK, Singapore and the US had more than 60 investment professionals managing $83.3 billion of client assets. The team is led globally by Archie Struthers, to whom Goh will report.

Goh will lead the regional effort to design and manage bespoke multi-asset solutions for retail and institutional distribution, as well as joining the multi-asset “outcome oriented” team responsible for the global flagship fund range of growth and income strategies, as the senior Asian regional representative. She will also have responsibility for building a regional multi-asset investment team, the firm said. 

Until now Aberdeen has distributed two multi-asset growth and income funds in Australia, for which it has a product specialist based in Sydney. It also distributes similarly managed Luxembourg-listed UCITS multi-asset growth and multi-asset income funds to private banks in Asia.