Alan Lim has joined Russell Investment Group in Singapore as director responsible for client service and business development there. The newly created position will handle day-to-day relationship management, allowing managing director Bruce Pflaum to concentrate on business development in North Asia.
Russell has been selling its multi-manager service in Asia since 1999, when it entered a partnership with DBS to sell its product to Singapore's retail market. The firm has raised over $500 million from that channel as of May, 2003. It also run institutional money in Japan, Australia and New Zealand that totals about 10% of the firm's $76 billion of lobal assets.
Russell is not just a one-product shop,...