Aberdeen Standard hires Indonesian head

IndonesiaAberdeen Standard Investments has hired Omar S Anwar as country head and head of distribution in Indonesia. Anwar joins from Nomura Securities Indonesia, where he served as executive chairman. He replaces Sigit P Wiryadi, who retired in March. “Indonesia’s growing affluence means more domestic savers are willing to invest and it is our aim to provide them with strategies and products that address their needs,” said Ian Macdonald, deputy head of Asia Pacific at Aberdeen Standard. Aberdeen Standard, which was created by a merger last year, claims to be one of few global asset managers to have manufactured international products for distribution in the Indonesian market. These include its Syariah Asia Pacific equity strategy. The firm has more than $6 billion invested in Indonesian equities and fixed income on behalf of its global clients. ©2018 funds global asia

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