Manulife Asset Management (Hong Kong) Limited
Manulife Asset Management (Hong Kong) Limited (“MAMHK”) was incorporated in Hong Kong on 21 June 1994 and it commenced operations as an investment manager in June 2000. MAMHK’s ultimate parent company is Manulife Financial Corporation. MAMHK is part of Manulife Asset Management, the asset management arm of Manulife Financial Corporation. MAMHK provides comprehensive asset management solutions for institutional investors, investment funds and individuals in key markets around the world.
MAMHK is licensed with the Securities and Futures Commission (“SFC”) under the Securities and Futures Ordinance (“SFO”) to conduct the following regulated activities in Hong Kong:
Type 1 – Dealing in securities
Type 2 – Dealing in Futures Contracts
Type 4 – Advising on securities
Type 5 – Advising on futures contracts
Type 9 – Asset management
MAMHK has more than 16 years of experience in the investment management industry. It has with over 233 staffs, of which 41 are in the investment teams covering equity, fixed income and asset allocation strategies. As of 31 December 2015, the assets under management for MAMHK stood at USD39 billion. The investment professionals of MAMHK form part of Manulife Asset Management’s global network of more than 360 investment professionals in 16 countries and territories.
Designated Fund Manager
Mr. Chay Kai Kong, (Managing Director, Greater China Equities) – designated fund manager for MGCF
Mr. Chay Kai Kong is a Managing Director and Senior Portfolio Manager for Greater China Equities. Based in Hong Kong, he oversees the Greater China equity desk and works closely with investment specialists based across Hong Kong, China and Taiwan to lead management of the firm's Greater China portfolios and strategies.
Mr. Chay Kai Kong is a seasoned investment professional with more than 17 years of investment experience covering Greater China markets, including 14 years as a portfolio manager. His career spans lead manager roles at Reliance Asset Management in Singapore and Standard Life Investments (Asia) in Hong Kong. He has also managed Greater China funds for Pioneer Investments and CMG First State in Singapore. He has a strong performance track record which includes managing top-quartile-performing Greater China funds in his previous roles.
Mr. Chay Kai Kong holds a Bachelor of Accountancy from Nanyang Technological University. He is a Chartered Financial Analyst and a member of the Association for Investment Management and Research (AIMR).
Mr. Marshall Li – designated fund manager for MIE
Mr. Marshall Li is a Senior Equity Analyst for the company’s ASEAN equity strategies, based in Hong Kong. Working closely with the ASEAN portfolio managers, he strengthens the investment capability in ASEAN equities and provides support for the ASEAN portion of the company’s Asian equity strategies. Marshall helps develop the company’s ASEAN research expertise, liaising closely with the equity team in Hong Kong as well as throughout the ASEAN region.
Mr. Marshall Li has over eight years of research experience focusing solely on the ASEAN equities market. Most recently, he spent three years at Value Partners as an analyst for the ASEAN region. Prior to that, he worked at Credit Suisse Asset Management for two years as an Asia Pacific analyst and HT Capital Management for two years as an ASEAN analyst.
Mr. Marshall Li holds a Bachelor of Commerce with a major in Actuarial Studies from the University of Melbourne and a Master of Business from Monash University in Melbourne, Australia.
Ms. Tan Kenglin (Senior Portfolio Manager, Equity) – designated fund manager for MSAP
Ms. Tan Kenglin is a Managing Director, Equities, and she is also co-managing the MIE. Based in Hong Kong, she is primarily responsible for analysing and selecting stocks for the ASEAN and Australia equities. She also covers Asia-Pacific (ex-Japan) equities and in the process works closely with portfolio managers covering markets in the North Asia region.
Having worked in the industry since 2000, Kenglin has buy- and sell-side equity analyst experience. She has covered stocks listed on stock exchanges in Hong Kong, Taiwan, ASEAN and Australia. Prior to joining Manulife Asset Management, she worked for JS Cresvale International (Hong Kong) and Pheim Asset Management.
Ms. Tan Kenglin Kenglin holds a Bachelor of Business Administration, majoring in Finance, from the University of Putra Malaysia and is a CFA charterholder.
Mr. Marco Giubin (Senior Portfolio Manager, Equities) – designated back-up fund manager for MSAP
Marco is Managing Director and Senior Portfolio Manager for Manulife Asset Management’s income-orientated Asia Pacific equity strategies. Based in Hong Kong, He is the Firm’s Asian high-dividend equity specialist and leads equity analysis for the Australian market.
He has over 20 years of equity investment experience focusing on Asia Pacific markets. Prior to joining Manulife Asset Management, he was head of Asia Pacific equity research for Eight Investment Partners, a Sydney-based boutique investment house. Before this, he was with Mirae Global Investments as senior portfolio Manager for a number of Asia Pacific mandates and served as head of research for a team of 15 equity analysts. Before becoming a portfolio manager, he spent 10 years as an equity analyst with UBS Securities in Australia and Fidelity Hong Kong covering a wide range of sectors in the Asia Pacific ex-Japan universe.
Marco holds Bachelor of Business degree with a major in finance and marketing from the University of Technology in Sydney, Australia.
CIMB-Principal Asset Management Berhad ("CIMB-Principal")
CIMB-Principal holds a Capital Markets Services License for fund management and dealing with unit trust products under the CMSA and specialises in managing and operating unit trusts for investors, both institutional and retail. CIMB-Principal’s responsibilities include managing investment portfolios by providing fund management services to insurance companies, pension funds, unit trust companies, corporations and government institutions in Malaysia. In addition, CIMB-Principal is an approved private retirement scheme provider in Malaysia.
It originally commenced its operations as a unit trust company in November 1995. As at 29 February 2016, CIMB-Principal has more than 20 years of experience in the unit trust industry.
As at 29 February 2016, the shareholders of the company are CIMB Group Sdn. Bhd. (“CIMB Group”) (60%) and Principal International (Asia) Limited (“PIA”) (40%).
CIMB Group is held in majority by CIMB Group Holdings Berhad. It is a fully integrated investment bank. It offers the full range of services in the debt markets, the equity markets and corporate advisory. Member companies of CIMB Group also provide services in lending, private banking, private equity, Islamic capital markets as well as research capability in economics, equity and debt markets.
PIA is a private company incorporated in Hong Kong and its principal activity is the provision of consultancy services to other PFG group of companies. PIA is a subsidiary of the Principal Financial Group, which was established in 1879 and is a diversified global financial services group servicing more than 15 million customers.
As at 29 February 2016, CIMB-Principal managed 44 conventional unit trust funds (including 2 Exchange-Traded Funds) and 19 Islamic unit trust funds with a total NAV of over RM27 billion.
In addition to being able to draw on the financial and human resources of its shareholders, CIMB-Principal has staff strength of 325, comprising of 283 Executives and 42 Non-Executives, as at 29 February 2016.
Designated Fund Manager
The designated Fund Manager for MCF and MCS is Mr Dennis Lee Kwang Hua.
Mr. Dennis Lee Joined CIMB-Principal Asset Management Berhad ("CPAM") in January 2007. Prior to joining the fund management industry, he was with an international insurance firm performing actuarial tasks. He subsequently moved on to be an Investment Analyst in one of the largest local securities firm for four and a half years. He then joined one of the largest asset management companies, managing both unit trust and institutional funds for three years.
Affin Hwang Asset Management Berhad ("Affin Hwang AM")
Manulife Asset Management Services Berhad has appointed Affin Hwang Asset Management Berhad ("Affin Hwang AM") as the Fund Manager for MHF, MSPF and MHSF.
Affin Hwang AM was incorporated in Malaysia on 2 May 1997 under the Companies Act 1965 and began its operations under the name Hwang-DBS Unit Trust (HDBSUT) Berhad in 2001. In early 2014, Affin Hwang AM was acquired by the Affin Banking Group (“Affin”) and hence, is now supported by a home-grown financial services conglomerate. Affin has over 40 years of experience in financial industry which focuses on commercial, Islamic and investment banking services, money broking, fund management and underwriting of life and general insurance business. Additionally, Affin Hwang AM is also 30% owned by Nikko Asset Management International Limited (“Nikko AM”), a wholly-owned subsidiary of Tokyo-based Nikko Asset Management Co. Ltd, an independent Asian investment management franchise.
Affin Hwang AM distributes its funds through various channels as follows:-
(i) In-house/internal sales team;
(ii) IUTA & CUTA (Corporate Unit Trust Advisers); and
(iii) Unit trust consultants.
Affin Hwang AM’s head office is located in Kuala Lumpur and has a total of 8 main sales offices located in Peninsular and East Malaysia. The sales offices are in Penang, Ipoh, Johor Bharu, Melaka, Selangor, Kuching, Miri and Kota Kinabalu.
As at 31 March 2016 Affin Hwang AM has in its stable a total of 44 unit trust funds and 50 wholesale funds, offering a complete and essential range of products, comprising conventional equity, balanced, bond, money market, capital guaranteed, capital protected, global, structured and feeder funds, as well as Islamic equity, Islamic money market and Islamic fixed income funds.
As at 31 March 2016, the total AUM, comprising in-house unit trust funds as well as corporate and discretionary portfolios stood at approximately RM33.7 billion (Combined AUM of Affin Hwang AM and it’s wholly owned subsidiary, Asian Islamic Investment Management).
As at 31 March 2016 Affin Hwang AM has a staff force of 315, of whom, 295 are executives and 20 are non-executives.
Designated Fund Manager
The designated Fund Manager for MHF, MSPF and MHSF is Ms Cheryl Kaur Pola.
Cheryl Kaur Pola joined Affin Hwang AM in August 2006 and currently holds the position of Deputy Head of Equities. Her area of focus is managing the insurance, retirement and conservative mandates. She has accumulated 15 years of investment experience, both as an analyst and a fund manager. Prior to joining Affin Hwang AM, Cheryl was Deputy Manager of Investments at Prudential Assurance (Malaysia) Berhad where she was responsible for co-managing one of the investment-linked funds. Cheryl also worked as an investment analyst in Amanah SSCM Asset management for 3 years, specialising in the property, plantation and construction sectors following a short stint as an auditor in KPMG. Cheryl graduated with a Bachelor of Commerce (Accounting & Finance) from Monash University, Clayton, Australia and is a Chartered Financial Analyst (CFA) charterholder.”