Legal & General Investment Management hired Heston Goh as sales director for Southeast Asian institutions, based in LGIM's Singapore office, the firm said in a statement on Wednesday.
He started at the firm on Sept. 1 and leads sales for institutional asset owners in Southeast Asia at LGIM, which is headquartered in London and has $1.47 trillion in assets under management.
He reports to Hong Kong-based Jackson Loi, head of institutional sales for Asia ex-Japan.
The statement marks the commencement of regulated activities in Singapore, a spokesman said. The fund manager opened its Hong Kong office in 2012 and has operated a Tokyo office since 2017. It now has 37 employees in total in the region, he said.
"While we have been servicing institutional clients in the Asia Pacific region for over a decade, our new office in Singapore will add depth, business capability, investment expertise and brand profile in Asia, complementing our existing presence in Hong Kong and Tokyo," CEO Michelle Scrimgeour said in the statement.
The firm previously hired for the Singapore office Gerald Koh, head of wholesale Asia ex-Japan, who joined the company on Aug. 1 from T. Rowe Price Singapore, and Trista Chen, who joined the firm in February as head of investment stewardship for Asia ex-Japan. Ms. Chen reports to London-based Michael Marks, head of responsible investment integration.
Mr. Goh was head of institutional sales at Eastspring Investments. A spokeswoman said a replacement has been identified and will be starting with the manager soon.
