LGM Investments Limited, a unit of BMO Global Asset Management, says it has appointed Stephen Ma as head of Greater China equities, according to a company announcement.
Ma was previously responsible for approximately US$4 billion of assets in China and Hong Kong funds at Fidelity, where he began in 1997 and was appointed a portfolio manager in 2006.
He will be based in Hong Kong and will report directly to Thomas Vester, chief investment officer at LGM.
"LGM has been an emerging markets specialist since its inception and Stephen’s appointment bolsters their expertise further," says Barry McInerney, Co-CEO of BMO Global Asset Management.
Founded in 1991, LGM is a specialist in Asian, global emerging and frontier markets equity, with offices in Hong Kong, London and Mumbai. Its China mandates include a Canadian-domiciled mutual fund.
LGM also plans to launch a China-focused UCITS vehicle, which stands for "undertakings for the collective investment in transferable securities" that are regulated at the European Union, for investors in Asia, the Middle East and Europe.
BMO Global Asset Management manages discretionary and non-discretionary assets with approximately US$280 billion in assets under management as of July 31, 2014.