PwC Hong Kong has appointed three new partners
to its asset management team as part of its plan to double its
asset management revenue within the next five years.

Tony Evangelista helped set up PwC’s
investment management regulatory compliance practice in New York.
He also spent two and a half years working for the US Securities
and Exchange Commission.

Carlyon Knight-Evans joins PwC from Ernst
& Young where he served as Asia-Pacific asset management sector
leader. He brings experience in advising asset management
firms on their business growth and will continue to focus on the
hedge funds industry.

Prior to joining PwC Hong Kong Angelica Kwan
was a US tax partner at Sidley Austin in New York. She has
experience with private equity, M&A and international

“The additions couldn’t have come at a better
time. We expect to see an increased demand for our service
offerings to the asset management industry, especially after the
announcement by China’s vice president Li Keqiang to increase the
trading of the Yuan in Hong Kong,” PwC assurance asset management
leader Marie-Anne Kong said.

PwC Asia-Pacific asset management leader
Robert Grome said Asia’s middle class has experienced terrific
growth relative to other regions in the last 20 years suggesting
enormous opportunities for asset management growth across the