Shaun Chan Choong Kong
Non-Executive Director / Chairman of the Board
Mr. Chan is one of the founders of Opus Asset Management. He has over 38 years of investment management/advisory experience. He started with HSBC Asset Management in Hong Kong where he eventually became the Chief Investment Officer for the Asian ex Japan markets. He was responsible for over USD3.2 billion of assets under management and a team of ten investment professionals. He was a pioneering investor in the emerging Asian markets and helped launch the Korean Asian Fund, which makes him one of the first foreign institutional investor in Korea. He also worked with the Asian Development Bank in launching the Asean Fund (1988) and the Asian Convertible Fund (1991). In 1993, Mr. Chan left HSBC to establish the Asian business for TCW Group Inc., a leading US based pension fund manager and grew the Asian business to over USD1.5 billion under management.
Mr. Chan left Hong Kong in 1996 to return to Malaysia where he established Gadek Asset Management as a principal shareholder and managing director before selling it to Phileo Allied Bank in 1998. The Company was renamed Phileo Asset Management and established a niche in the management of fixed income products and other unit trust assets. Mr. Chan was also a non-executive director of Phileo Allied Berhad, the holding company of Phileo Bank. He left Phileo in 1999 to establish Opus Capital Sdn. Bhd. (now known as Cope Capital Partners Sdn. Bhd.) to focus on the provision of investment advisory services to several offshore private equity and real estate investment funds. He was also the principal partner of Pan Asia Capital Management, a HK based private equity company that managed in excess of USD100mil in private equity assets – the investments within Pan Asia Capital has since been exited. In 2002, the principal partners of Pan Asia Capital Management then started an investment fund to invest into Japanese real estate which had up to USD 400mil in gross value of real estate assets. These assets have since been repackaged into a REIT and listed in Singapore as Saizen REIT whereupon Mr. Chan exited from his involvement with the Japanese real estate group.
Presently, Mr. Chan is a director of several other private companies. He graduated from Trinity College, Cambridge with a degree in Economics. He held an Investment Manager’s licence in Hong Kong (1986 to 1997), a Fund Manager’s Representative licence in Malaysia (1997 to 1999) and a Capital Markets Services Representative’s Licence (2007 to Aug 2019).