BusinessWeek- Whitney Group is a global executive search firm focused exclusively on financial services, with offices in North America, Europe and Asia-Pacific. Its Hong Kong office, headed by managing director Niall MacDonald, recently enhanced its focus on the wealth management industry by hiring Russell Kopp as a director in October.
MacDonald and Kopp spoke with AsianInvestor about the major trends in the job market in Asia’s asset management industry. For an in-depth look at the overall job market environment, see the February 2008 edition of AsianInvestor magazine.
MacDonald: We have always worked on the asset management, hedge fund and private banking businesses, all of which fall under wealth management for us, but in the past, we did it more reactively. The demands have changed, as hedge funds continue coming to town and new wealth is driving a need for private bankers. As a result, we decided as a firm that we really need a team with a wealth management focus, which Russell heads.
