China: Investment Opportunities & Outlook for 2022 and Beyond

Jian Shi Cortesi, Investment Director, is a member of the Global Growth Equity team and manages China and Asian equity funds. Prior to joining GAM Investments in May 2010, she worked in research and portfolio management of Asian equities for a regional wealth management firm in the United States. She started her career as an assistant editor at Dow Jones in Beijing. Jian Shi holds a bachelor's degree in International Business from Beijing Foreign Studies University in China and an MBA from the University of Tennessee in the United States. She is a CFA charterholder and a Certified FRM (Financial Risk Manager) holder. She is based in Zürich.

Richard Harris has pioneered Asian investment management for the last 37 years at senior levels for large global companies (including groups now known as JP Morgan and Citi) and regional boutiques. Mr. Harris has since been appointed to review a wide range of complex financial litigation and arbitration cases; including those concerning synthetic security derivatives, insider trading, misselling of financial products, misuse of price sensitive information and determination of quantum. His experience includes the review of both civil and criminal disputes, for Plaintiffs and Defendants, concerning shareholder structures, loan agreements, employment contracts and bank and client conflicts. He has given evidence in Court in both Hong Kong and Singapore, and completed a case domiciled in Japan. He has worked alongside forensic accountants and liquidators, as well as the HK Securities and Futures Commission. Richard Harris is CEO of Port Shelter Investment Management, which includes providing investment business management consulting and supervision as a Hong Kong Responsible Officer. Richard’s clients have included public and private institutions, investment managers, prominent industrial and political individuals, Boards, and Family Offices. Mr. Harris has substantial regulatory, Board and China experience. He has managed multi-asset long, derivative, hedge, and mutual funds for sovereign, endowment, institutional, pension, private and retail clients. As a consultant, his wide range of skills provides significant value for money. Richard is a well-known writer and broadcaster, published weekly in the South China Morning Post. He presents Radio Hong Kong’s daily financial programme, “Money for Nothing”. He is a regular Guest Host on CNBC Asia and Europe, and Bloomberg. He was first to coin the term ‘Lionomics’. These activities sit alongside his expert witness practice to maintain currency in the changing marketplace of finance. Mr. Harris holds a First Class Honour’s degree from King’s College London, Masters' degrees from London and Harvard (Harvard MBA 1986); and certificates from Peking and Stanford Universities. Mr. Harris is an aerobatic private pilot and a rugby player of some 52 years’ standing.

Dr Nick Xiao joined Hywin International in 2019 as CEO. Nick previously worked at Standard Chartered Private Banking, Credit Suisse Private Banking, Bank Julius Baer, building and managing various businesses in China, Taiwan, and the wider North Asia. Later, Nick was managing partner of a family office and advised leading families in Asia and Switzerland on their wealth and pursuits. Nick holds a PhD in Finance from Wuhan University in China and is a prolific academic. He published in 2004 one of the earliest books on China’s OTC derivatives market, and contributed award-winning papers to the official journals of People’s Bank of China and Chinese Academy of Social Sciences. Nick is widely consulted for his views on private banking in Asia and his insight on China, through speeches at events and interviews with international and Chinese media.

David Lai is a Partner and co-Chief Investment Officer of Premia Partners. Prior to Premia Partners, David was Executive Director and Responsible Officer at China Asset Management (HK) Limited where he supervised the company's investment activities and led the build-out of the company's ETF platform in Hong Kong, including launching the world's first cross-border RQFII-based ETF with over US$2 billion in AUM. Before that, David had been a portfolio manager since 2002 at Hang Seng Bank, Mirae Asset Global Investments, and Citic Securities International. David has demonstrated proven investment track record in both active and passive strategies, recognized by numerous industry awards. David holds a Bachelor of Business Administration degree in Finance and a Master of Science degree in Investment Management from the Hong Kong University of Science and Technology, and is a CFA charterholder.

Steve Brice is the Bank’s Chief Investment Officer and has over 25 years of financial markets experience in senior positions. He leads a team of more than 20 investment professionals and chairs the Bank’s Global Investment Committee, which is responsible for forming the cross-asset investment views for the Private Bank and Retail segments. His previous roles include Chief Economist (SE Asia), Head of Research (Middle East and South Asia) and Head of Global Markets (Southern Africa), all with Standard Chartered Bank. He started his career at I.D.E.A. Ltd, a financial consultancy in London, where he was Regional Head of FX (Europe) before joining SCB. He has a Masters from the University of Liverpool. Steve’s views are widely sought by both clients and the media. He regularly contributes articles to newspapers and magazines and frequently appears on TV and radio stations such as CNBC, Bloomberg, Channel News Asia and Dubai Eye. Steve is based in Singapore and, pre-pandemic, travelled frequently around Asia, Africa, Europe and the Middle East to share his views with both clients and the media. Steve is originally from the UK, but has lived in Asia, Africa and the Middle East for the past 24 years. Steve is an ardent sports fan focusing on cricket, rugby and Liverpool FC.

Jaye Chiu is the Head of Investment Products & Advisory for Bank of East Asia, overseeing all investment products and advisory services provided to personal, high-net-worth, corporate and institutional clients across the Bank’s Personal Banking, Private Banking, Corporate Banking and BEA China. In particular, Jaye and his teams have been focusing on adopting technology-driven and cross-border wealth management solutions to benefit BEA’s clients within the region. Previously, Jaye worked as Managing Director, Regional Head of Investment for Bank of Montreal (BMO) Private Bank in Asia and Senior Managing Director, Head of Investment Hong Kong at EFG Bank AG. Prior to these roles, Jaye also held other senior roles in HSBC Private Bank, BNP Paribas Wealth Management and UBS Wealth Management. Jaye graduated with honors from Tepper School of Business - Carnegie Mellon University in the United States of America. He is a CAIA (Chartered Alternative Investment Analyst), CIWM (Certified International Wealth Management Diploma) and CPWP (Certified Private Wealth Professional) charter holder. Based in Hong Kong since 2004, Jaye speaks regularly at financial industry conferences and acts as a judge for various awards within the financial industry in Asia. Jaye participates actively in community service and is involved in mentoring younger generations. Jaye is an Honorable Mentor and Advisor to Hong Kong Federation of Business Students (HKFBS), a student body representing the top universities in Hong Kong. Jaye was invited to mentor London School of Economics (LSE) students for the past five years through Hong Kong Public Affairs and Social Service (HKPASS) society. Additionally, Jaye is a Director & Public Image Chairman of the Rotary Club of the Peak, which focuses on local community service projects. Jaye is married with two daughters. He is an avid snowboarder, a competitive swimmer and a concert violinist certified by The Royal Conservatory of Music.

Jaye Chiu is the Head of Investment Products & Advisory for Bank of East Asia, overseeing all investment products and advisory services provided to personal, high-net-worth, corporate and institutional clients across the Bank’s Personal Banking, Private Banking, Corporate Banking and BEA China. In particular, Jaye and his teams have been focusing on adopting technology-driven and cross-border wealth management solutions to benefit BEA’s clients within the region. Previously, Jaye worked as Managing Director, Regional Head of Investment for Bank of Montreal (BMO) Private Bank in Asia and Senior Managing Director, Head of Investment Hong Kong at EFG Bank AG. Prior to these roles, Jaye also held other senior roles in HSBC Private Bank, BNP Paribas Wealth Management and UBS Wealth Management. Jaye graduated with honors from Tepper School of Business - Carnegie Mellon University in the United States of America. He is a CAIA (Chartered Alternative Investment Analyst), CIWM (Certified International Wealth Management Diploma) and CPWP (Certified Private Wealth Professional) charter holder. Based in Hong Kong since 2004, Jaye speaks regularly at financial industry conferences and acts as a judge for various awards within the financial industry in Asia. Jaye participates actively in community service and is involved in mentoring younger generations. Jaye is an Honorable Mentor and Advisor to Hong Kong Federation of Business Students (HKFBS), a student body representing the top universities in Hong Kong. Jaye was invited to mentor London School of Economics (LSE) students for the past five years through Hong Kong Public Affairs and Social Service (HKPASS) society. Additionally, Jaye is a Director & Public Image Chairman of the Rotary Club of the Peak, which focuses on local community service projects. Jaye is married with two daughters. He is an avid snowboarder, a competitive swimmer and a concert violinist certified by The Royal Conservatory of Music.

Jian Shi Cortesi, Investment Director, is a member of the Global Growth Equity team and manages China and Asian equity funds. Prior to joining GAM Investments in May 2010, she worked in research and portfolio management of Asian equities for a regional wealth management firm in the United States. She started her career as an assistant editor at Dow Jones in Beijing. Jian Shi holds a bachelor's degree in International Business from Beijing Foreign Studies University in China and an MBA from the University of Tennessee in the United States. She is a CFA charterholder and a Certified FRM (Financial Risk Manager) holder. She is based in Zürich.

Dr Nick Xiao joined Hywin International in 2019 as CEO. Nick previously worked at Standard Chartered Private Banking, Credit Suisse Private Banking, Bank Julius Baer, building and managing various businesses in China, Taiwan, and the wider North Asia. Later, Nick was managing partner of a family office and advised leading families in Asia and Switzerland on their wealth and pursuits. Nick holds a PhD in Finance from Wuhan University in China and is a prolific academic. He published in 2004 one of the earliest books on China’s OTC derivatives market, and contributed award-winning papers to the official journals of People’s Bank of China and Chinese Academy of Social Sciences. Nick is widely consulted for his views on private banking in Asia and his insight on China, through speeches at events and interviews with international and Chinese media.

Richard Harris has pioneered Asian investment management for the last 37 years at senior levels for large global companies (including groups now known as JP Morgan and Citi) and regional boutiques. Mr. Harris has since been appointed to review a wide range of complex financial litigation and arbitration cases; including those concerning synthetic security derivatives, insider trading, misselling of financial products, misuse of price sensitive information and determination of quantum. His experience includes the review of both civil and criminal disputes, for Plaintiffs and Defendants, concerning shareholder structures, loan agreements, employment contracts and bank and client conflicts. He has given evidence in Court in both Hong Kong and Singapore, and completed a case domiciled in Japan. He has worked alongside forensic accountants and liquidators, as well as the HK Securities and Futures Commission. Richard Harris is CEO of Port Shelter Investment Management, which includes providing investment business management consulting and supervision as a Hong Kong Responsible Officer. Richard’s clients have included public and private institutions, investment managers, prominent industrial and political individuals, Boards, and Family Offices. Mr. Harris has substantial regulatory, Board and China experience. He has managed multi-asset long, derivative, hedge, and mutual funds for sovereign, endowment, institutional, pension, private and retail clients. As a consultant, his wide range of skills provides significant value for money. Richard is a well-known writer and broadcaster, published weekly in the South China Morning Post. He presents Radio Hong Kong’s daily financial programme, “Money for Nothing”. He is a regular Guest Host on CNBC Asia and Europe, and Bloomberg. He was first to coin the term ‘Lionomics’. These activities sit alongside his expert witness practice to maintain currency in the changing marketplace of finance. Mr. Harris holds a First Class Honour’s degree from King’s College London, Masters' degrees from London and Harvard (Harvard MBA 1986); and certificates from Peking and Stanford Universities. Mr. Harris is an aerobatic private pilot and a rugby player of some 52 years’ standing.

David Lai is a Partner and co-Chief Investment Officer of Premia Partners. Prior to Premia Partners, David was Executive Director and Responsible Officer at China Asset Management (HK) Limited where he supervised the company's investment activities and led the build-out of the company's ETF platform in Hong Kong, including launching the world's first cross-border RQFII-based ETF with over US$2 billion in AUM. Before that, David had been a portfolio manager since 2002 at Hang Seng Bank, Mirae Asset Global Investments, and Citic Securities International. David has demonstrated proven investment track record in both active and passive strategies, recognized by numerous industry awards. David holds a Bachelor of Business Administration degree in Finance and a Master of Science degree in Investment Management from the Hong Kong University of Science and Technology, and is a CFA charterholder.

Steve Brice is the Bank’s Chief Investment Officer and has over 25 years of financial markets experience in senior positions. He leads a team of more than 20 investment professionals and chairs the Bank’s Global Investment Committee, which is responsible for forming the cross-asset investment views for the Private Bank and Retail segments. His previous roles include Chief Economist (SE Asia), Head of Research (Middle East and South Asia) and Head of Global Markets (Southern Africa), all with Standard Chartered Bank. He started his career at I.D.E.A. Ltd, a financial consultancy in London, where he was Regional Head of FX (Europe) before joining SCB. He has a Masters from the University of Liverpool. Steve’s views are widely sought by both clients and the media. He regularly contributes articles to newspapers and magazines and frequently appears on TV and radio stations such as CNBC, Bloomberg, Channel News Asia and Dubai Eye. Steve is based in Singapore and, pre-pandemic, travelled frequently around Asia, Africa, Europe and the Middle East to share his views with both clients and the media. Steve is originally from the UK, but has lived in Asia, Africa and the Middle East for the past 24 years. Steve is an ardent sports fan focusing on cricket, rugby and Liverpool FC.

Michael has an extensive background in financial services in Asia, Europe and North America. He has been in Asia-Pacific since 1995 – first in Hong Kong for six years, then in Sydney and Singapore, returning to Hong Kong in 2007. Before setting up Hubbis in early 2009, Michael founded Pacific Prospect in 2002 and sold it to global business-to-business publisher Incisive Media in 2006, continuing to serve as Chief Executive Officer until October 2008. Prior to Pacific Prospect, Michael worked for nine years in financial markets publishing. He joined Euromoney Publications in 1993 as the publisher of a quarterly magazine, International Bond Investor. In 1995, Michael joined Thomson Financial Services (now Thomson Reuters) to conceive and launch Finance Asia magazine. While he was Managing Director of Finance Asia, Michael also started the Asian Debt Review, Asian Private Capital Magazine and started the Finance Asia Conference Business. In 1997, Michael founded FIA Limited. Born in North Wales, Michael was head boy of St David’s College Llandudno. He has a degree in Business Administration from Cardiff University. And is married with three children - Reanna, Garett and Tarryn.