Morgan Stanley IM names local boss

Michael Levin was appointed head of Asia at Morgan Stanley Investment Management.

Based in Hong Kong and overseeing the Australian business, he will focus on new markets and product opportunities in the region.

Levin has worked in the industry for over 25 years and was most recently managing director at Goldman Sachs Asset Management.

He joined Goldman Sachs from Credit Suisse, where he held several positions, including the head of asset management for Asia Pacific and the Americas.

Levin's departure from Credit Suisse was announced last June as concerns about the Swiss bank's liquidity and capital position mounted.

In addition, he was a co-founder of AsiaCrest Capital and Metropolitan Venture Partners.

"We are pleased to welcome Michael to MSIM. His appointment reflects our positive outlook on the Asia asset management opportunity and our commitment to continuing to build out our MSIM platform in the region," said Dan Simkowitz, head of investment management at Morgan Stanley.

"Michael will lead our strong Asia team and we look forward to leveraging his deep experience and relationships to further grow our presence."