J.P. Morgan Appoints Successors for Asia Head of Investments

Ulysses Lau has been named head of investment and engagement for Asia at J.P. Morgan Private Bank, according to a statement. Based in Hong Kong, Lau reports to Asia chief executive Kam Shing Kwang.

Lau succeeds Diana Robinson, who will relate from Hong Kong to London to take on a similar role leading the investment advisor team for the UK, Ireland & Channel Islands business.

In his new role, Lau will be responsible for leading investment solutions and specialists teams in the region and implementing new tactics to enhance the investment platform. He will also be tasked with implementing investment plans for clients with sophisticated needs based on long-term and multi-generational objectives.

Lau has over 15 years of investment experience at J.P. Morgan Private Bank across different markets in the region. He was most recently the head of investments and advice for Hong Kong and the Philippines.

J.P. Morgan Private Bank also has invested in two Swiss fintech companies that specialise in software that helps advisers customise portfolios for wealthy clients in Europe, the Middle East, Latin America and Asia.

It gave no financial details of what it called a "strategic" investment in Edge Laboratories SA and Evooq SA (Evooq), which were already partners.

J.P. Morgan Private Bank, which manages around $1.8 trillion, has since 2021 bought fintech companies OpenInvest and Global Shares and invested in data groups Kraft Analytics Group and MioTech.