Charlotte-headquartered asset manager Barings has hired a new head of institutional distribution for Greater China and Southeast Asia.

Lydia Wu has been named head of institutional distribution for Greater China and Southeast Asia, according to a statement, effective immediately.  

In her Hong Kong-based role, Wu reports to head of APAC distribution Jon Millin.

Wu has over 15 years of experience in fund management sales and business development in Asia. Prior to joining Barings, she was a Greater China senior vice president at Oaktree Capital. Previously, she also worked with BNY Mellon, State Street Global Advisors and Morgan Stanley Investment Management. 

APAC Growth

Wu will be tasked with developing and managing client relationships and raising capital across various investor segments in the two markets including corporate and public funds or institutions, insurance companies and family offices.

«Barings’ Asia Pacific business continues to grow with about a third of external assets under management originating from clients within the region,» said APAC head Duncan Robertson.

«We will continue to seek opportunities and make strategic hires to support the growth of our business in the region and build lasting partnerships with our clients that leverage our distinctive expertise across traditional and alternative asset classes.»