HSBC Asset Management has appointed a new head of alternative solutions who will relocate to Singapore later this year.

John Dewey has been named head of alternative solutions, HSBC Alternatives, according to a statement, reporting to HSBC Alternatives chief executive Joanna Munro.

in the newly created role, Dewey will be responsible for leading business development for HSBC Alternatives, leading a team of client professionals while working alongside alternatives business heads and asset management sales teams.

Dewey has 20 years of investment experience and was most recently working for Aviva Investors as the deputy chief executive of its French arm. Previously, he also worked at Blackrock and Mercer.

Asia Alts

Dewey will be initially based in London before relocating to Singapore later this year to take on the additional role of regional head of alternatives, subject to regulatory approval. 

According to the bank, the appointment is part of the ongoing expansion of HSBC Asset Management’s activities in Asia which recently included the establishment of a new direct real estate team lead by managing principal and APAC head of real estate Victoria Sharpe who joined in September last year. 

«We have seen significant growth in our alternatives capabilities in recent years and are building out our Asia and sustainability strategies,» said Munro.