Marlborough installs Wong to lead Far East Growth

Marlborough has reorganised the management of its £68m Far East Growth fund in a bid to improve performance.

Christopher Wong has become lead manager following the departure of co-manager Jeffrey Lum in September. Wong will be assisted by two new team members – Wing Tat Lau and Mark Chua. In addition, the fund has more than doubled in size after Marlborough bought SLFC Unit Managers in September and merged the vehicle with the SLFC Far East trust. Over the 12 months to 11 October, the fund has returned 10% compared to an IMA Asia Pacific ex Japan sector average return of 19.8%. However, Wong said the new team is better placed to deliver stronger returns. “Growth over the past year ha...