Manulife Asset Management has named former Amundi executive Chan Hock Fai as its new head of equities in Singapore. In his new role, Chan will lead the company’s Singapore-based equities strategies and oversee its 80-strong Asia equities team active ten local markets, according to a statement. He replaces Lisa Yong, who left in November, and will report to Ronald Chan, CIO Equities Asia ex-Japan for the firm. Prior to joining Manulife Asset Management, Chan was director of investment for Amundi Asset Management in Singapore, where he was responsible for Singapore, regional and global multi-asset portfolios.