Endowus, the Singapore-based independent wealth management platform, has announced key appointments in Hong Kong and organizational updates in its group investment office functions as the company scales its growth in Hong Kong and strengthens the capabilities of its Investment Office (IO).
The firm said in a statement on Tuesday that Janet Hung joins Endowus as Head of Client Advisory in Hong Kong, leading client management across individual clients, family offices and institutional clients.
With more than 18 years of experience across institutional sales working with alternative asset managers, sovereign wealth and family offices, she has in-depth knowledge of various financial instruments and investment solutions.
She plays a critical role in driving client management in Hong Kong. Before joining Endowus, she spent 16 years in various roles at Nomura and Lehman Brothers.
Meanwhile, Jasmine Chan leads Endowus’ Investment Office (IO) in Hong Kong which focuses on portfolio structuring and building investment solutions for the firm’s client base as Investment Advisory Director.
She previously held roles at Credit Suisse and Barclays Capital in structuring investment solutions.
She will work closely with Endowus’ IO regional leadership to expand on Endowus’ extensive asset management network, fund selection, due diligence and portfolio construction in the market.
Endowus also announced updates in its IO leadership to better support the Group’s growth and evolving client needs as it continues to grow its regional capabilities.
Sam Rhee’s new mandate as Group Chief Investment Officer now expands and envelopes the Group’s overall investment strategy, while Hugh Chung takes over the reins as Chief Investment Officer.
In his expanded role, Chung will oversee the integration of investment functions and strategies across the firm, as well as the centralized Investment Office that includes product research and investment advisory, and managing investment solutions for individual and institutional investors in Singapore and Hong Kong.
It is noted that the Endowus Investment Office’s 13-person strong team of investment professionals have helped cement the firm’s expertise in investment strategies and portfolio development, curating the funds and institutional-quality solutions accessible on the platform.
The team also works closely with its client advisors to offer personalized advisory services, enabling Endowus to scale its innovation, and data-driven wealth solutions that cater to diverse customer needs.
As Endowus’ client base continues to grow, expanded segments now include institutional clients including family offices, charities, endowments and large institutions.
Endowus Group comprises Endowus’ licensed companies in Hong Kong and Singapore, as well as Hong Kong-based multi-family office Carret Private.
“Endowus is experiencing rapid expansion and heightened interest as we broaden our investment solutions and global partnerships,” said Gregory Van, Co-Founder and Chief Executive Officer of Endowus.
According to him, in January 2025, the firm recorded unprecedented inflows in Hong Kong – signaling a market need for conflict-free wealth management.
“To further our commitment to the market, we will double the size of the local workforce,
“Our recent leadership appointments in Hong Kong reinforce our market presence with adjustments in our investment office setting the foundation for future growth,” he added.
With group assets of over $7 billion, Endowus is one of the largest independent wealth managers in Asia.
The firm has raised a total of over $110 million in funding from investors including UBS, EDBI, Prosus Ventures, Lightspeed Venture Partners, Citi Ventures, MUFG Innovation Partners, Singtel Innov8, Samsung Ventures, SBVA, OSK Ventures, Z Venture Capital, and ACF – a joint venture between JLIN LLC and The Wells Investments.
Singapore’s Endowus raises additional $17.5M, bringing latest fundraising round to over $50M