Anthony Muh, formerly the highly-regarded Asia CIO and head of investments for Citigroup Global Asset Management, has joined the NZ$6 billion ($4.2 billion) specialist alternative investments group HRL Morrison & Co to build out its asset management business.
"The investment world is getting polarised," Muh told AsiaHedge. "On one hand we have the large institutional managers that are largely beta chasers, while on the other hand we have the smaller boutique alpha generating managers. There will continue to be a nice co-existence, but I believe that alpha generators with differentiated skills will be the future."
Australasia-based Morrison & Co primarily specialises in infrastructure, but is also active...