Philip Mok has left Deutsche Securities and the sell side to join HSBC Asset Management in Hong Kong as investment director for equities, where he will head the investment team and be responsible for equity investments.
Previously he served as head of Greater China research at Deutsche, where he developed strategy for Hong Kong and China. The Greater China role at Deutsche was filled earlier this week by Jing Ulrich, who was hired from CLSA.
Prior to his work at Deutsche, he had served in a similar position at SG Securities. In all he has been in the industry for 14 years.
HSBC Asset Management's CIO Ayaz Ebrahim says Mok was hired because the current Hong Kong investment director, Sam Lau, is in the process of taking on a regional portfolio position within the firm.
Although Mok's experience is on the sell side, Ebrahim says, "He's able to add a lot of depth and knowledge of Hong Kong companies. He'll make a good fund manager."
Mok starts at HSBC on May 2.