People Moves
Asian MFO Adds To Investments Team

The multi-family office is based in Hong Kong.
Raffles Family Office, the Hong Kong-based organisation, confirmed to this publication that it has added three people to its investment committee.
Benn Ng has been recruited by the multi-family office as managing director and head of Southeast Asia. He was previously head of foreign exchange at Indosuez Wealth Management and is located in Singapore.
Desmond Cheung and Lawrence Chan have been named senior portfolio managers for equities and fixed income.
Cheung has been hired by Raffles’ Hong Kong unit. Before this, he was an equity portfolio manager at BlackRock, and also worked at Hang Seng Bank.
Chan, who is based in Hong Kong, previously worked at Taiping Assets Management (Hong Kong) as chief investment officer, fixed income.
The MFO has been incorporated in Singapore since October last year.