BNP Paribas Asset Management has appointed David Choa as Head of Greater China Equities, where he will be responsible for the governance and oversight of the investment process, from alpha identification, risk management through to trade execution.
Based in Hong Kong and reporting to Frédéric Surry, Deputy Head of Fundamental Active Equities, Choa will manage a team of investment professionals and analysts to pursue the firm’s Greater China strategies.
Frédéric Surry, Deputy Head of Fundamental Active Equities at BNPP AM, commented: “David was one of the founding members of the Greater China Equities team upon his arrival in 2012. We are confident that he will continue to successfully drive the team and manage our Greater China strategies to meet investors’ growing demand for consistent returns in this asset class.
Ligia Torres, CEO of Asia Pacific at BNPP AM, said:” China represents one of the strongest growth markets for international asset managers and will continue to be a focus for the firm in the region. Similarly, the China Equities strategy, which has delivered outstanding investment performance over the last three years, will continue to be one of our key areas of focus.”
Choa is a trading industry veteran with 15 years in the game, from consulting to corporate finance and equity investing, with a focus on China and the Asia Pacific. Prior to BNPP AM, he worked at Fidelity Management & Research (Hong Kong) as an international equity analyst specializing in Asia Pacific telecommunications.
Earlier this year, BNP Paribas Asset Management added Christopher Dunn to its newly formed client, an experienced team, where he joined as the Global Head of Client Satisfaction. Dunn has relocated to Paris, the bank’s headquarters, and is responsible for all the actions that will be undertaken to improve client satisfaction through departmental and regional co-operation. He joined the asset management division of BNP Paribas from Greenwich Associates, a financial services company where he was the Vice President.
In 2019, BNP Paribas AM added three new senior quantitative analysts to its Quant Research Group (QRG) as part of the institution’s quantitative ambitions, including augmenting its fundamental investment processes with quantitative inputs, developing new proprietary ‘quantamental’ portfolio construction techniques and ensuring the continued competitiveness of its factor investing approach through innovative enhancements.
The three appointments to the QRG Research Lab are Boris Afanasiev, Benoît Bellone, and Frédéric Abergel. With 30 experts in quantitative investment, the QRG was established in 2017 to centralize BNPP AM’s quantitative research capabilities.