Kim Eng Ong Asia builds up equity team

Singapore''s largest independent stockbroker goes where angels fear to tread and makes three key equity hires.

Kim Eng Ong Asia has announced the appointment of three heavy hitters to boost its institutional equities division. Stephen Davies has joined as director and head of institutional equities. Patrick Russell has joined as regional research director. And John Mulcahy has joined as regional strategist.

Davies comes to Kim Eng Ong Asia from ABN AMRO where he ran the firm's Asia desk in London. He was been in Asian equity sales and research for 15 years. He will be based in Singapore.

Russell will develop the firm's regional research product based on regional themes and with an absolute return bias. With 15 years research experience at WI Carr, SG Warburg and the Boston Consulting Group,...

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