Richard Harding joins Waverton as Head of Asian equity research
We are delighted to announce the recruitment of Richard Harding, a veteran Asian equity specialist. This follows the hiring, over the summer, of Tineke Frikkee and Stefan Rheinwald as Heads of UK and Japanese equity research respectively. This string of senior hires is further demonstration of the firm’s stated strategy of building on its internal investment capability, and of its belief in active research led investment management.
Richard has worked for investment banks and brokerages focused on Asian equities for the last 36 years, and joins after 12 years with Maybank Kim Eng Securities in Singapore where he was Head of Asian Equities. Richard will be based in Waverton’s Asian research office, and will work closely with Brook Tellwright and Will Hanbury on the Southeast Asian and Asia Pacific investment strategies.
Brook Tellwright said: “We have known Richard for many years and have visited countless companies across the region with him. Richard has a disciplined, analytical approach which identifies those companies he believes will generate returns significantly above their cost of capital. Richard will considerably enhance our investment process and help train up the younger analysts.”
Richard Harding said: “I am excited to be joining the buy side at a time when, particularly since the onset of MiFID II, there is so much investment opportunity as a result of a reduction of analyst coverage in the mid cap space across Asia. Waverton is an investment-led boutique with a strong culture and long-term vision which I am delighted to have been asked to join.”
Waverton’s Head of Funds, Charles Scott Plummer, said: “Richard’s hire represents a major investment in our promising Asia Pacific Fund run by William Hanbury, and in the increasingly successful Southeast Asian strategies run by Brook Tellwright. His joining the company is an important step towards our aspiration of becoming the go-to ASEAN equity manager.”
Waverton’s Asia fund range includes the Southeast Asian Fund and Asia Pacific Fund. Both strategies have strong philosophies built on conducting fundamental bottom up research to identify companies that are overlooked and undervalued.