Fidelity International has appointed Steven Cheung as director of specialist sales, ETFs, for Asia-Pacific ex-Japan. Based in Hong Kong, he will report to Thomas Taw, head of ETF distribution, Asia-Pacific ex-Japan.
As investor demand for ETFs continues to grow, Fidelity is continuing to expand its ETF business across the region. The firm's ETF offering provides investors with a broad range of active and benchmark-aware enhanced strategies, backed by its global investment expertise.
Cheung will work closely with distribution, product and investment management teams to deepen client engagement and increase adoption of Fidelity's ETF offering. He will support the distribution of ETFs across key markets in the region and contribute to the development of product positioning, market intelligence and distribution strategy.
Cheung joins Fidelity from BlackRock, where he was most recently head of iShares Wealth for Greater China and Southeast Asia. In that role, he was responsible for ETF distribution across clients including asset managers, insurers, private banks and digital platforms. He also led the regional adoption of active ETFs and digital asset-related exchange-traded products.