HONG KONG, Nov. 9, 2015 /PRNewswire/ -- ICBC Credit Suisse Asset Management International, the international arm of one of China's largest asset managers, today announced that it has named Laura Lui, as Head of Index and Quantitative Investment. Laura reports to Richard Tang, the Chief Executive Officer and will be based in Hong Kong.
"Ability to access China efficiently has become increasingly relevant for international investors when making asset allocation decisions for their global portfolios," said Richard. "We have big strategic ambition to meet this need, and are delighted to have someone of Laura's strong calibre joining us during this exciting time."
"As one of the largest onshore asset managers in China, the firm has been on a strong growth trajectory and is very well placed to become a powerful franchise in the China ETF and index space," said Laura. "Its recent collaboration with S&P Dow Jones Indices on the flagship S&P China 500 in particular is an important milestone. I am excited by the opportunity to work with the team and contribute to its success."
"We would like to congratulate Laura on her new role at ICBCCS International," says Michael Orzano, Director of Global Equity Indices at S&P Dow Jones Indices. "By launching the S&P China 500 Index, we are proud to bring greater index-based solutions to Chinese investors. We look forward to working closely with ICBCCS International on various other initiatives."
Laura has more than 12 years of experience in the finance industry. Prior to joining ICBC Credit Suisse, she was the Head of ETF and Index team at Mirae Asset Global Investments, responsible for building out the ETF and Index capabilities for the firm in Asia. Laura has an Honors BSc in Actuarial Science and Statistics from the University of Toronto, and an MSc in Global Finance from New York University and HKUST.
About ICBC Credit Suisse Asset Management
ICBC Credit Suisse Asset Management is the asset management joint venture between the Industrial and Commercial Bank of China and Credit Suisse. As of Sep 30, 2015, the firm has approximately 550 employees and RMB800 billion in assets under management, providing first-class investment management and advisory services for over 12 million institutional and retail clients.
ICBC Credit Suisse Asset Management (International) Co. Ltd.
SOURCE ICBC Credit Suisse Asset Management (International) Company Limited