US-headquartered Capital Group, one of the world’s largest active asset managers with assets under management of more than US$2.7 trillion, has appointed Stella Xu as head of institutional business for Greater China, reporting to Toby Chan, head of client group for Greater China.
Xu, based in Hong Kong, will be responsible for leading the asset manager’s Greater China institutional strategy, including strengthening relationships with clients and bringing its investment services to institutional investors in the region.
She joins Capital from Fidelity International, where she most recently served as head of institutional sales for China and Hong Kong. With more than 18 years’ industry experience in asset management, Xu brings a wealth of expertise in client servicing and distribution.
“Xu’s distinguished career in fostering relationships with institutional investors, coupled with her expansive market acumen, makes her an invaluable addition to the team,” Chan states. “Her expertise will be pivotal in steering our global investment solutions to our institutional clients across Hong Kong and Greater China.”