Alliance Trust, an investment company based in the United Kingdom, is establishing a team of investment professionals in Asia and has hired Anthony Muh, regional head of investments at Citigroup Asset Management, to run it.
Alan Harden, CEO at Alliance Trust in London, was Muh's former boss when he ran Citigroup Asset Management's Asia-Pacific business out of Tokyo in the early 2000s. Harden began his role as Alliance Trust CEO in January 2004. He says this year Muh will build a seven-to-eight person team in Hong Kong, including four or five investment pros.
Citigroup officials did not return calls regarding Muh's replacement as CIO.
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