Thirdrock Group, a Singapore-based independent asset manager (IAM), has hired Jamus Lim as an economist.
Based in Singapore, Lim will provide Thirdrock’s clients and client advisors with macro commentary and economic research. He will report to founder and CEO, Jason Lai.
Lim joins from the Abu Dhabi Investment Authority (ADIA), where he was a lead economist for the emirate’s sovereign wealth fund, overseeing tactical and strategic asset allocation for the $828 billion portfolio.
'The IAM industry has been a growing force within Asia’s wealth management landscape and there is clearly potential for more growth,' Lim told Citywire Asia.
'As investors in Asia become more sophisticated, so will the demand for high-quality yet unbiased advice from wealth advisors whose interests are aligned with theirs,' he added.
Prior to working for the ADIA, Lim was a senior economist with the World Bank, where he led research on long-term economic forecast, trade and finance in the Middle East and East Asia and governance and human development in Africa.
He is also an associate professor of economics at ESSEC Business School in Singapore.
Founded in 2010, family office-turned-IAM Thirdrock reportedly manages over $2 billion globally.