JPMorgan Hedge Fund Services has expanded its business in Asia with the recruitment from Fortis Prime Fund Solutions of Andrew Mascall-Robson to lead business development and growth across the region and Shirley Yuen as regional product and client service manager.
Mascall-Robson, who has spent 17 years in Asia and has extensive experience in Japan, was most recently managing director of Fortis Prime Fund Solutions in Japan. He was previously an executive director at WestLB Panmure and held various positions including general manager for equity derivatives in Japan during more than 12 years at HSBC James Capel.
Yuen was most recently head of account management for Fortis Prime Fund Solutions in Asia, where she had overall responsibility for the company's client relationships. She previously worked for KPMG and the HKSAR Government Land Fund Trust as an auditor.
'This is an important step in the expansion of our Hedge Fund Services business and a strong signal of our intention to become a dominant player in the fund administration space in Asia,' says Laurence Bailey, chief executive for JPMorgan Worldwide Securities Services in Asia. 'Andrew and Shirley are highly respected figures with extensive relationships and experience in the market.'
JPMorgan Hedge Fund Services offers independent administration and custody services for hedge fund and fund of hedge funds clients. It offers regional coverage and local support in locations worldwide including Dublin, London, Luxembourg, Bermuda, Boston, Greenwich, Connecticut, and now Hong Kong.
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, has USD15.2trn in assets under custody and provides custody, fund accounting and administration and securities services to the institutional investors, alternative asset managers and equity issuers in more than 90 markets.