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Press Release
Published October 29, 2020
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RBC Wealth Management hires pair to bolster fixed income team in Asia

Date: October 29, 2020
Categories: Financial Technology
Keywords:


RBC Wealth Management, part of the Royal Bank of Canada (RBC), has hired two fixed income specialists as it continues to enhance its advisory investment solutions for private banking clients in Asia.

Shawn Sim has joined RBC Wealth Management’s investment solutions and products team in Singapore as head of fixed income advisory, responsible for driving the growth of the company’s fixed income portfolio advisory services for clients across Asia. He reports to Chun Him Tam, who heads RBC Wealth Management’s fixed income and ultra-high-net-worth solutions groups in the region.

Sim re-joins RBC from HSBC Private Bank, where he was a fixed income advisor. He was a member of RBC Wealth Management’s fixed income team between 2014 and 2018, and earlier in his career worked at OCBC Securities in a variety of roles, including fixed income advisor, equity sales dealer, ETF product manager and securities borrowing and lending advisor.

Joining Sim, and reporting to him, is Kennard Ling. Ling joins as fixed income specialist from Citibank Singapore, where he was part of the advisory and trading desk responsible for business growth across Asia-Pacific. Prior to that, Ling was a corporate sales analyst for FX and rates at Standard Chartered Bank.

“RBC Wealth Management’s disciplined portfolio and risk management approach to fixed income in Asia has served our clients well over the past two years, especially amid the credit sell-off and volatility in the first half of 2020. We continue to see opportunities in the Asian fixed income market, but with low interest rates and greater risk of credit events, clients will need to be even more selective and nimble,” said Tam. “With clients valuing our investment advice more than ever, Shawn and Kennard bring exceptional experience to bolster our advisory services and holistic fixed income portfolio solutions to help investors navigate these conditions.

RBC Wealth Management has announced a number of new hires in Asia so far this year, including more than 10 new private bankers and two senior wealth planning hires. They join RBC's 2,000-strong employee base in Asia working across Wealth Management, Global Asset Management, Capital Markets and Investor & Treasury Services.

      

 

Re-disseminated by The Asian Banker

Keywords:


RBC Wealth Management, part of the Royal Bank of Canada (RBC), has hired two fixed income specialists as it continues to enhance its advisory investment solutions for private banking clients in Asia.

Shawn Sim has joined RBC Wealth Management’s investment solutions and products team in Singapore as head of fixed income advisory, responsible for driving the growth of the company’s fixed income portfolio advisory services for clients across Asia. He reports to Chun Him Tam, who heads RBC Wealth Management’s fixed income and ultra-high-net-worth solutions groups in the region.

Sim re-joins RBC from HSBC Private Bank, where he was a fixed income advisor. He was a member of RBC Wealth Management’s fixed income team between 2014 and 2018, and earlier in his career worked at OCBC Securities in a variety of roles, including fixed income advisor, equity sales dealer, ETF product manager and securities borrowing and lending advisor.

Joining Sim, and reporting to him, is Kennard Ling. Ling joins as fixed income specialist from Citibank Singapore, where he was part of the advisory and trading desk responsible for business growth across Asia-Pacific. Prior to that, Ling was a corporate sales analyst for FX and rates at Standard Chartered Bank.

“RBC Wealth Management’s disciplined portfolio and risk management approach to fixed income in Asia has served our clients well over the past two years, especially amid the credit sell-off and volatility in the first half of 2020. We continue to see opportunities in the Asian fixed income market, but with low interest rates and greater risk of credit events, clients will need to be even more selective and nimble,” said Tam. “With clients valuing our investment advice more than ever, Shawn and Kennard bring exceptional experience to bolster our advisory services and holistic fixed income portfolio solutions to help investors navigate these conditions.

RBC Wealth Management has announced a number of new hires in Asia so far this year, including more than 10 new private bankers and two senior wealth planning hires. They join RBC's 2,000-strong employee base in Asia working across Wealth Management, Global Asset Management, Capital Markets and Investor & Treasury Services.

      

 

Re-disseminated by The Asian Banker

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