Morgan Stanley Asia-Pacific Fund, Inc. (NYSE:APF)
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1 Year : From Dec 2017 to Dec 2018
Morgan Stanley Investment Management announced today portfolio
management changes for Morgan Stanley Asia-Pacific Fund, Inc. (NYSE:
APF) (the “Fund”). The Fund is managed by the Emerging Markets Equity
team of Morgan Stanley Investment Management Inc. (the “Adviser”). The
team consists of portfolio managers and analysts.
Current members of the teams jointly and primarily responsible for the
day-to-day management of the Fund’s portfolio are May Yu, a Managing
Director of the Adviser, and Munib Madni, a Managing Director of Morgan
Stanley Investment Management Company (“MSIM Company” or the
“Sub-Adviser”). Ms. Yu has been associated with the Adviser in an
investment management capacity since June 2013. From August 2012 to June
2013, she was associated with MSIM Company in an investment management
capacity. She began managing the Fund in August 2012. Mr. Madni has been
associated with MSIM Company in an investment management capacity since
February 2005 and began managing the Fund in May 2012.
Effective on or about June 1, 2018, Amay Hattangadi, will become a
Managing Director of MSIM Company and will serve as a portfolio manager
to the Fund. Mr. Hattangadi will be associated with the Sub-Adviser in
an investment management capacity at that time. Currently, Mr.
Hattangadi has been associated with Morgan Stanley Investment Management
Private Limited, an affiliate of the Adviser, as a portfolio adviser
since 1999. Effective June 30, 2018, Munib Madni, a Managing Director of
the Sub-Adviser, will no longer serve as a portfolio manager to the Fund.
Morgan Stanley Investment Management, together with its investment
advisory affiliates, has more than 608 investment professionals around
the world and $482 billion in assets under management or supervision as
of December 31, 2017. Morgan Stanley Investment Management strives to
provide outstanding long-term investment performance, service and a
comprehensive suite of investment management solutions to a diverse
client base, which includes governments, institutions, corporations and
individuals worldwide. For further information about Morgan Stanley
Investment Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm
providing investment banking, securities, wealth management and
investment management services. With offices in more than 42 countries,
the Firm’s employees serve clients worldwide including corporations,
governments, institutions and individuals. For more information about
Morgan Stanley, please visit www.morganstanley.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the
securities in any state in which such offer, solicitation or sale would
be unlawful under the securities laws of any such state.
Investing involves risk and it is possible to lose money on any
investment in the Fund.
© 2016 Morgan Stanley Smith Barney LLC. Member SIPC.
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