Macquarie Investment Management (Macquarie IM) has appointed Carl Jacobsohn as its head of the Asia business.
He succeeds Axel Maier who retired from the firm earlier this year.
In his new role, Jacobsohn is responsible for leading the strategy for the region, providing oversight of the distribution function, and supporting the regional and global needs of the business.
Jacobsohn, who has been with Macquarie for over 10 years, is most recently the company’s head of the Korea business.
In addition to his new responsibilities, he continues to lead the company’s Korea business.
Meanwhile, Bas van Buuren will join Macquarie IM as its head of Asia distribution in late June.
In his new role, van Buuren will focus on the distribution strategy in Asia, including identifying client investment needs, working with the existing distribution team on potential new channels, and helping to connect the region to the firm’s overall global distribution initiatives.
van Buuren, who joined from Aegon Asset Management where he was the regional head in Asia, will report to Jacobsohn.
Prior to joining Aegon, van Buuren held a variety of leadership roles with ING Investment Management, where he was most recently the head of the Asia client group.
Ben Bruck, the company’s global head, said Asia continues to be a significant growth opportunity for its business with increasing client demand in the region.
‘In Asia, we have seen growing investor interest in our insurance asset management, infrastructure debt and US Absolute Return Mortgage Back Securities capabilities,’ Jacobsohn said.
Macquarie manages more than $23 billion in assets for clients in Asia, with distribution coverage in Greater China, Singapore, South Korea, Japan, and Southeast Asia.