Credit Suisse Asset Management has announced a new head for its Zurich-based Global Equities team at the same time as acknowledging the loss of a yet another member of its Australian equities team, based in Sydney.
CSAM announced that Yong-Moon Kim had been appointed as a managing director and head of global equities for Asset Management and was recruited from Mirae Asset Global Investment Management in Hong Kong where he was a managing director and chief investment officer.
The announcement came only hours after CSAM in Australian confirmed the departure of Kenneth Wan, who was a resource specialist on the Australian equities team and who will be joining Hong Kong-based hedge fund, Citadel.
Announcing Yong-Moon Kim’s appointment, Credit Suisse head of equities Kim Goodwin said it represented another step in the company’s enhancement of its investment capabilities in equities and its continuing effort to enhance its investment capabilities in equities.
He said it followed a number of recent appointments of equity portfolio managers based in both London and Sydney.
