Capital Group, a leading US-based asset manager with over USD2.7tr in assets, has appointed Stella Xu as head of institutional business for Greater China. Reporting to Toby Chan, head of the client group for Greater China, Xu will lead the firm’s institutional strategy in the region, focusing on strengthening client relationships and expanding investment services to institutional investors. Based in Hong Kong, Xu brings over 18 years of experience in asset management, having previously served as head of institutional sales for China and Hong Kong at Fidelity International. Chan praised Xu’s extensive market expertise, stating that her experience will be crucial in delivering Capital Group’s global investment solutions to institutional clients across Hong Kong and Greater China.