Asset Management



ASIFMA’s Asset Management Group (AAMG) was established in February 2014 to represent the interests and concerns of asset managers (buy side) in Asia ex-Japan ex-Australia.

AAMG shares ASIFMA’s mission to promote the development of liquid, efficient and open capital markets in Asia and aims to create an open and competitive environment for the asset/fund management industry across the region.   

AAMG focuses on issues and matters that have regional and global impact or with cross-border implications, such as regulations, market access, investments and tax.  We provide members with a platform to exchange and share ideas and experiences on local, regional and global developments and to shape policy and advocate for regulatory harmonization and standardization in the region.

AAMG works closely with our members and collaborates with ASIFMA’s sell side members, where appropriate, to communicate constructively with policy makers and regulators, and we partner with local and global associations to achieve our common goals and objectives.


Steering Committee

AAMG is led by a Steering Committee comprising of senior representatives from each member firm and an elected Executive Committee comprised of the following

Chair: Lieven Debruyne, Asia Pacific Chief Executive Officer, Schroders
Vice-Chair: Michael Falcon, Chief Executive Office of Asia Pacific, JP Morgan AM
Vice-Chair: Charles Lin, Managing Director, Country Head of China, Vanguard Investments
Treasurer: Tom Baxter, Managing Director, Global Equity Portfolio Management, Wellington 
Member: Winnie Pun, Managing Director / Head of Public Policy, APAC. BlackRock
Member: Angus Macdonald, Executive Director, Baillie Gifford

China Committee

Focus on China-related issues on a multi-disciplinary level, ranging from the various access channels such as QFII, RQFII, Stock Connect, QDLP and PFM WFOE (but excluding fixed income matters which are dealt with by the Fixed Income & Currency Sub-Committee) to taxes, etc.

Co-Chair: Simon Williams, Managing Director, BlackRock
Co-Chair: Tim Parker, Director of International Strategy, Product and Operations, Matthews Asia

Equities Sub-Committee

Focus on Asian equity market issues in the region, such as dealing commissions, cornerstone investments, pre-deal research, etc.

Co-Chair: Michael Dennis, Director, BlackRock
Co-Chair: David MacKenzie, Head of Asian Equity Management, Schroders

FIC Sub-Committee

Focus on fixed-income and currency issues in the region, such as China’s CIBM direct access, Bond Connect and index inclusion, FX margining for deliverable FX, index, all-to-all trading platforms, etc.

Co-Chair: Stephen Chang, Managing Director, Head of Asia Fixed Income, JP Morgan AM
Co-Chair: Brad Gibson, Portfolio Manager – Fixed Income, AB Global

Regulatory Committee

Focus on legal, compliance and regulatory issues, both within and from outside the region, that impact or affect asset managers in Asia, such as the extra-territorial impact of various MiFID II requirements in Asia (e.g. commissions and inducements), fee transparency, local disclosure requirements, time to market issues, fund passports, etc.

Co-Chair: Jennifer Cheng, Managing Director, General Counsel, Asia Pacific, UBS AM
Co-Chair: Emily Chan, Managing Director, Head of Risk & Compliance, APAC, BNY Mellon AM

Key Contacts

Eugenie Shen -Managing Director - Head of Asset Management Group


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