HSBC Asset Management (HSBC AM) has appointed Charles Li as head of wholesale business, Asia, effective September 1. In this newly created role, he will be responsible for setting and delivering the firm’s wholesale strategy and covering clients in mainland China, Hong Kong, Taiwan, India, Japan and Southeast Asia.
Li, who has over 20 years of asset management experience, joins the company from UBS Asset Management where he was head of global wealth management client coverage, Asia-Pacific, and deputy head asset management (Hong Kong). In these roles he formulated business development and product strategies while leading the client coverage teams across Hong Kong, Singapore, mainland China, Taiwan and Japan. Prior to this, he held senior roles at Fortis Investment Management Asia, PCI Investment Management and Allianz Global Investors.
Based in Hong Kong, Li will report to Thorsten Michalik, global head of wholesale, and locally to Daisy Ho, chief executive officer, Asia-Pacific and Hong Kong.