NewSmith appoints Tsang as partner

UK debt-focused financial adviser NewSmith Financial Solutions has hired Terence Tsang as a partner.

Tsang joins from Merrill Lynch, where he was head of debt markets for the Asia-Pacific region. At NewSmith, he will work with synthetic collateralised debt obligations and structured credit.

Tsang will report to the firm’s chief executive and co-founder TJ Lim, who was head of fixed income in Europe, the Middle East and Africa at Merrill Lynch, before founding NewSmith in 2002.

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