Morgan Stanley Investment Management Announces Portfolio Management Changes for Morgan Stanley Asia-Pacific Fund, Inc.
April 03 2018 - 4:30PM
Business Wire
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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