Aegon appoints Franky Tam as general manager for China unit

Scottish investment manager Aegon Asset Management has appointed Franky Tam as general manager and legal representative for its wholly-owned China unit.
Tam, who was previously China sales director, reports to Mabel Cho, the regional head of Asia, in his new role, Aegon says in a statement on March 16.
His appointment was effective March 1.
Aegon set up the China unit last July. Officially known as foreign-owned enterprise or WFOE, these subsidiaries are allowed to operate investment advisory business, and Qualified Domestic Limited Partnership (QDLP), where they can raise funds from investors in China for investing in traditional and alternative assets overseas.

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