Capital Group, a leading global investment manager with over $3 trillion in assets, has expanded its Financial Intermediaries team in Asia by appointing Ser Kiat Lim as Director for Singapore and Southeast Asia. Based in Singapore, Lim will focus on strengthening the firm’s retail and private wealth distribution networks across the region, working closely with banks, insurance firms, and investment platforms.
Lim, who brings a decade of experience from roles at Goldman Sachs Asset Management and J.P. Morgan Asset Management, will report to Suyin Tan, Head of Financial Intermediaries for Singapore and Southeast Asia. Tan expressed enthusiasm about Lim’s appointment, stating, “His deep expertise will be invaluable in meeting the increasing demand for Capital Group’s time-tested strategies, especially among retail and mass affluent clients in Asia.”
This strategic move aligns with Capital Group’s broader expansion into the mass affluent segment, highlighted by the recent launch of the Capital Group American Balanced fund (AMBAL) to DBS/POSB customers and the TA US Balanced Fund in Malaysia. These initiatives aim to provide long-term wealth-building opportunities for investors in the region.
Capital Group’s core offerings in Asia include flagship strategies such as American Balanced, New Perspective, and Global Corporate Bond, which are designed to deliver consistent long-term results. The appointment of Lim is expected to further Capital Group’s mission of improving lives through successful investing, particularly by lowering entry barriers for Asian investors seeking global market opportunities.
“`
