Dimensional Fund Advisors wants to bring its academic-based research investment management approach to the Asian markets. To achieve this objective, the Austin, Texas-based pioneer of investing in small cap firms has hired Peng Chen to deliver its message.
Chen takes on the newly created role of chief executive officer for Asia (ex-Japan). He joined Dimensional on July 1 from Morningstar, where he served as president of its global investment management division until May 2012. Money Management Executive spoke to Chen about his new venture and some of the challenges he'll face in building up DFA's presence in Asia.