HSBC Asset Management (HSBC AM) has appointed John Dewey as head of alternative solutions, HSBC Alternatives.
Image credit: HSBC
He will initially be based in London and will report to Joanna Munro, CEO of HSBC Alternatives. In this newly created role, Dewey will be responsible for leading business development for HSBC Alternatives, working with the Alternatives business heads and the Asset Management sales teams.
Given the expansion of HSBC AM’s activities in Asia, the intention is for Dewey to relocate to Singapore later this year to take on the additional role of Regional Head of Alternatives – subject to regulatory approval.
With 20 years of experience in the investment industry, Dewey joins from Aviva investors where he was most recently Deputy CEO of Aviva Investors France. In this role, he had the responsibility for the firm’s activities across EUR120 billion ($184 billion) in AUM.
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His remit included Chief Investment Officer for pan-European real estate, infrastructure and private debt, and chairing the European ESG Integration Committee. He has also held investment roles at BlackRock and Mercer previously.
“We have seen significant growth in our alternatives capabilities in recent years and are building out our Asia and sustainability strategies. Dewey’s extensive experience with alternative solutions will be crucial in helping us bring these to our clients,” says Munro.
HSBC AM announced, in 2021, that it was merging all existing alternatives capabilities under a single business unit– HSBC Alternatives, with a 150-strong team and combined assets under management and advice of US$54 billion ($73 billion), as of Sept 30, 2021.
Photo: Bloomberg
