Hartford asset-manager Conning & Co. has gotten Hong Kong authorities' clearance to offer its services in the Asia-Pacific region, and ING's former investment chief Timothy Matson has signed on to help manage it.
Cathay Conning Asset Management Ltd., Conning's 50-50 investment partnership with Cathay Financial Holding Co. Ltd., recently won approval from Hong Kong securities regulators, authorities said Thursday.
In a statement, Conning CEO Woody E. Bradford hailed Matson's hiring is a key piece of its strategy for building its business and customer relationships in the region.
At ING, Matson set strategic asset allocation, established and monitored investment mandates and performance.
Before that, he spent 10 years in Asia and was ING's regional head of fixed income for in Hong Kong.
He also worked at Aetna's money management subsidiary, Aeltus Investment Management. He received his BA and MBA from Cornell University and is a Chartered Financial Analyst and member of the Hartford CFA Society.