Morley, one of the UK’s largest active fund managers, has signalled its interest in expanding into China by appointing Walter Lin as head of strategic development – China, to be based initially in Beijing.
Lin joined Morley in February and will be responsible for establishing an asset management presence for Morley in China through a joint venture vehicle.
Lin has considerable experience in the securities and asset management industries in China and was most recently president and CEO of the ABN AMRO Teda Asset Management Company in Beijing.
Prior to this, he was chief investment strategist at XiangCai Securities Company Limited in Shanghai and also held a number of other financial research and analysis positions in both China and the USA.
“Walter’s knowledge of the asset management industry in China will be invaluable to Morley and we look forward to working with him,” says Morley’s chief operating officer Nick Alford.
“Asia is a high growth market and Morley is looking to establish an asset management presence in China in particular,” he adds . “As the largest fund management company in the Aviva group, Morley looks forward to establishing this presence in China.”