Federated Hermes appoints three Asia-Pacific Business Development Directors

Responsible investment firm Federated Hermes has hired three Business Development Directors for the Asia Pacific region. 

Gary Horton has been appointed as Head of Distribution, Australia and New Zealand, a new role in a region where Federated Hermes has seen strong interest and business growth in recent years. Based in Sydney, he will be responsible for raising third party assets and delivering new business targets across both countries. Gary joins Federated Hermes from Janus Henderson where he was Head of Institutional business in Australia.

In addition to Horton's appointment, Federated Hermes has established a full regulated corporate subsidiary in Australia, signifying a key milestone for the business and a firm commitment to clients in Australia and New Zealand.

Ian Manton-Hall, managing director at IMH Squared, who has been representing the firm in Australia under a third-party arrangement since 2015, will continue to play an important client role for the firm, working closely with Horton.

Alex Ng joins as Head of Wholesale Distribution, Asia, based in Singapore. This new role is in response to the increased appetite from wholesale clients for the firm’s sustainable investment products. He will be joining Federated Hermes in November from Aberdeen Standard Investments (Asia) where he was responsible for the distribution of firm-wide capabilities to banks and family offices regionally.

Mark Coppell joins the team alongside Alex in Singapore, having previously distributed Federated Investors Inc products to the UK, European and Middle Eastern markets. His new role will focus on the firm’s leading global liquidity product offering. Prior to joining Federated Investors in 2017, he spent five years at JP Morgan Asset Management, most recently as Global Liquidity Relationship Manager.

All three new positions report to Jakob Nilsson, Head of Distribution, Asia Pacific, for the International business of Federated Hermes.

Harriet Steel, Head of Business Development for the international business of Federated Hermes, says: “Federated Hermes has established a detailed and phased growth plan for the Asia-Pacific region which seeks to target key markets where our existing presence and capabilities will enable us to be successful. The appointment of Gary, Alex and Mark is built on the significant uplift we are seeing for our combined range of leading investment products and stewardship services. Their collective skillsets and knowledge of the client landscape across Asia Pacific will be key to this next stage of growth for the company.”