News

LGIM hires ex-Standard Life Investments chief in Asia

Asia-Pacific globeLegal & General Investment Management (LGIM) has hired the former head of Asia for Standard Life Investments as its head of Asia Pacific excluding Japan. Based in Hong Kong, David Hoantee Peng is charged with developing the company’s business in the region. He will report to Roger Bartley, vice chairman - investments. “David’s insight will be invaluable as we deepen and strengthen our investor and client relationships in the region,” said Bartley. “His appointment reflects LGIM’s long-term commitment to expanding our foothold in the Asia Pacific region.” Peng served as head of Asia for Standard Life Investments, which merged with Aberdeen Asset Management last year, for seven years. He has also worked for BlackRock. Based in the UK, LGIM has £983 billion ($1.3 billion) under management. ©2018 funds global asia

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