SINGAPORE (14 November 2016) - Eastspring Investments (“Eastspring”), the US$140 billion Asian investment management arm of Prudential plc and the region’s largest retail manager1, announced today the appointment of asset management industry veteran Virginie Maisonneuve to the role of Chief Investment Officer.
This strategic move fits within Eastspring’s ambition to constantly build out investment capabilities and leverage the best talent in the industry.
Reporting to Chief Executive Guy Strapp, Ms Maisonneuve will be responsible for managing all investments at the firm, including the firm’s equity, fixed income, asset allocation, private equity, infrastructure and onshore investment offerings. She will commence in her role on 11 January 2017.
Ms Maisonneuve has almost 30 years of global asset management experience and most recently was Managing Director, Chief Investment Officer of Equities at PIMCO. Prior to this, she was the Head of Global Equities, Director and Portfolio Manager for more than 10 years at Schroders. Ms Maisonneuve has been a portfolio manager at a number of asset management firms, including Clay Finlay, State Street Research, Batterymarch and Martin Currie. While managing funds directly, Virginie was a top rated fund manager. Ms Maisonneuve was also one of the first investors to launch a China equity fund in the US.
“We are delighted that a person of Viriginie’s talent is joining Eastspring. Virginie’s experience in managing Global, European, Emerging Marketing, Asian and Chinese Equities will be critical to the future success of our business and the development of our investment expertise. We also look forward to the contribution she will make to our global business strategy,” said Mr Strapp, Chief Executive of Eastspring Investments.
“Virginie’s appointment fits within our ongoing commitment to strengthening our investment offerings, and to deliver the best possible investment outcomes for our clients,” Mr Strapp added.
Commenting on the appointment, Tony Wilkey, Chief Executive, Prudential Corporation Asia, said, “Working with an investment professional of Virginie’s calibre will be an immense opportunity for our business. Virginie brings to Eastspring an outstanding investment expertise and a first-rate reputation in the global asset management industry. Her appointment embodies our commitment to Asia as a key growth driver for the Prudential Group, and our ambition to expand the industry leading franchise we’ve built there.”
Ms Maisonneuve holds a Bachelor ‘s degree in Political Economics from from the People’s University, Beijing and a Master’s degree in Mandarin Chinese from Dauphine University in Paris. She is Chair of the CFA’s UK Gender Diversity Network and a member of the Advisory Council of the International Crisis Group.
1 Asia Asset Management Fund Manager Survey 2016 (Sept 2016). This annual survey ranks participating fund managers in Asia ex Japan, Australia and New Zealand, based on assets sourced in the region as of June 30, 2016.