ICBC Credit Suisse Asset Management International has appointed a new head of index and quantitative investment to be based in Hong Kong.
Laura Lui has been named by ICBC Credit Suisse Asset Management International – the joint venture between the Industrial and Commercial Bank of China and Credit Suisse – as the head of index and quantitative investment.
ICBC Credit Suisse chief executive Richard Tang said: “Ability to access China efficiently has become increasingly relevant for international investors when making asset allocation decisions for their global portfolios.
"We have big strategic ambition to meet this need, and are delighted to have someone of Laura's strong calibre joining us during this exciting time.”
Commenting on her appointment, Ms Lui said: “As one of the largest onshore asset managers in China , the firm has been on a strong growth trajectory and is very well placed to become a powerful franchise in the China ETF and index space.”
Ms Lui’s appointment follows the firm’s recent collaboration with S&P Dow Jones Indices and the launch of the S&P China 500 index.
Ms Lui has held previous positions with Mirae Asset Global Investments, responsible for building out the firm’s ETF and index capabilities in Asia.
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