Chase Manhattan Corp. assigned an institutional marketing director to Hong Kong to expand its asset management business in the Asia-Pacific region.

Stephen Gledhill, a director in the Chase Asset Management division, will drum up business in Australia, China, India, the Philippines, and Vietnam. He joined Chase from Australia's National Mutual Funds Management, where he was Hong Kong marketing director.

Chase Asset Management Hong Kong already works for Asian pension plans, central banks, financial institutions, and corporations in conjunction with Chase Trust Bank, Tokyo. Mr. Gledhill's appointment indicated the company is stepping up its program in the Far East.

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