Prudential builds Japan investment team

...in Hong Kong, with the hiring of HSBC''s former Japan CIO Kevin Gibson.

Prudential Asset Management in Hong Kong has hired Kevin Gibson as its head of Japanese equities. Gibson, who has left HSBC Asset Management in Tokyo where he had served as its Japan CIO, has relocated to Hong Kong to take up the role. He will report to Hong Kong-based regional CIO Dave Perrett.

UK-based Prudential acknowledges it is unconventional to run Japan-invested money from Hong Kong, particularly because it already has one fund manager based in Tokyo, Kenichi Ura.

We're tapping into our expertise in Hong Kong because so much of Japanese companies' growth is from outside Japan, says Robert Rountree, head of investment services...

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