Dickson Man joined Eurizon Capital Asia — the Hong Kong-based money management arm of Milan, Italy-based bank Intesa Sanpaolo Group — as head of Asia distribution.
The position is new. The addition of Mr. Man is in line with the "big move" Eurizon decided to make in 2018 to grow the investment management firm's business in the Asia-Pacific region, Sean Debow, CEO of Eurizon Capital Asia, said in an interview.
Mr. Man, while conceding that limited travel options for now will present challenges to reaching out to investors in the region, said the firm will focus initially on Hong Kong, Taiwan and Singapore and expand to other markets as Eurizon Capital Asia's team grows.
Mr. Debow and Mr. Man declined to provide details on the size of the firm's business in Asia.
A Eurizon news release Thursday said Penghua Fund Management, the Shenzhen-based joint venture Eurizon acquired a 49% stake in 14 years ago, boasted more than $110 billion in assets under management as of Sept. 30, while parent company Eurizon Capital was managing more than $500 billion.
Hong Kong is Eurizon's investment hub for the region, with the firm's teams there managing emerging markets equity and China A shares equity active strategies.
Mr. Man joined Eurizon Capital Management on Jan. 4 from T. Rowe Price Investment Management's Hong Kong arm, where he was a relationship manager.
A T. Rowe Price spokeswoman in Hong Kong said the company will "continue to add headcount to its intermediary team."