Leading Hong Kong FX and FI strategist leaves Citi for Goldman Sachs
Goldman Sachs in Hong Kong has hired Lu Sun, an emerging markets FX and fixed income strategist, from Citi. Sun joined Goldman earlier this month as an executive director, according to her LinkedIn profile.
She’d been with Citi in Hong Kong since May 2017 as an emerging-markets FX and local-markets fixed income strategist, focused on Greater China and “responsible for creating trade ideas in foreign exchange and fixed income markets”. Sun, who was a director at Citi, is an expert in “helping market participants understand how the Chinese financial market works”.
This is a good time to be joining Goldman in Asia as a fixed income strategist. The US bank saw its Asian revenues rise by 33% – from $4,653m in 2019 to $6,184m last year. Asia’s contribution to Goldman’s overall revenue inched up from 13% to 14% over the same period. While Goldman’s financial results did not elaborate on the reasons for the regional increase, fixed income was among the areas that performed well globally for GS last year.
Peking University graduate Sun started her banking career at JPMorgan in 2012 and worked there for five years, latterly as an associate, Asia credit research. She focused on Asia high yield and investment grade bond research.