HSBC Asset Management has appointed Brenda Wong as head of institutional business, North Asia, and Jasmine Hung as head of pensions and retirement, Hong Kong, effective October 1 and subject to regulatory approval.
They will both be based in Hong Kong, reporting to Paul Griffiths, global head of institutional business, and Daisy Ho, chief executive officer, Asia-Pacific and Hong Kong.
Wong, in her newly created role, will be responsible for spearheading the institutional sales team in North Asia with a focus on Hong Kong, mainland China, Taiwan, Korea and Japan.
In addition to taking the lead in capturing opportunities and strengthening collaboration with multiple bank channels, she will also be responsible for the client servicing functions in Hong Kong.
Wong is currently head of Asia liquidity sales at HSBC AM, overseeing the liquidity business across Asia with a track record of expanding the business. Prior to that, she held various senior client coverage positions in other financial institutions.
Hung, in another newly created role, will focus on the pensions and retirement segment in Hong Kong, specifically responsible for growing the Mandatory Provident Fund (MPF) business in partnership with HSBC Trustees and HSBC Pensions.
She will also be responsible for covering and developing the local Occupational Retirement Schemes Ordinance (Orso) pension business.
Hung has over 18 years of experience in the asset management industry. She joined HSBC AM in 2017 and led the private bank sales team in Hong Kong. She has been instrumental in several key launches covering funds, discretionary strategies and segregated mandate service.