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Macquarie Asset Management Expands with Strategic Asia Hire

William

Mar 3, 2025 — 1 min read

In a significant move to fortify its presence in the Asian market, Macquarie Asset Management (AM) has made a pivotal appointment. David Chang has been named as the head of wealth distribution for Asia. This newly created position marks a strategic investment in the region’s burgeoning wealth management potential.

New Leadership Anchors Asian Expansion

David Chang brings over twenty years of rich experience in the wealth management sector. His previous role was at Lord, Abbett & Co. LLC, overseeing business development and capital raising across Asian markets. Now based in Singapore, Mr. Chang’s leadership is expected to drive Macquarie’s efforts to capitalize on the growing interest in its infrastructure and energy transition strategies within Asia.

Catering to Growing Client Interest

The appointment of David Chang is not just a title addition but a step reflective of Macquarie AM’s commitment to meet the evolving needs of its clients. With Asia’s increasing engagement in infrastructure and sustainable energy investments, Chang’s expertise and regional insights are anticipated to strengthen client relations and expand the firm’s investment offerings.

Reinforcing Long-standing Commitments

Macquarie AM’s involvement in Asia dates back to 1995. Operating in eight diverse markets across the region, the firm has continually evolved to address market dynamics. With strategic leadership changes, Macquarie aims to build on its foundation and reinforce its offerings, staying ahead in the competitive landscape.

Aiming for Greater Collaboration and Growth

The creation of this role underscores Macquarie AM’s aspiration to forge deeper partnerships and collaborations within Asia. By consolidating its regional operations through adept leadership, the company looks forward to a trajectory of sustained growth and client success.

According to Fund Selector Asia, the strategic hiring of David Chang not only intensifies Macquarie’s focus on Asian markets but also reaffirms its ambition to lead in innovative wealth management solutions across the continent.

With this fresh perspective at the helm of its Asian division, Macquarie Asset Management is set to embark on a new chapter of growth and leadership in the wealth management industry.

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