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Our Team

Bratin Sanyal

Chief Investment Officer

Bratin is responsible for portfolio strategy, portfolio construction and risk management.  He joined Lloyd George Management from Conning Asia Pacific Limited, Hong Kong, where he was Chief Investment Officer, Asia Pacific. Prior to that he spent 20 years with ING Investment Management Limited in various roles in New York, Luxembourg and Holland, moving to Hong Kong in 2004 as Head of Asian Equity Investments.  During his long career in investments he has worked as an Economist, Analyst and Investment Manager across Asia and Global Emerging Markets. His first job was with the World Bank in Washington DC as a Consultant Financial Analyst.

Bratin holds an M.B.A. and Ph.D. candidate in Finance from Rutgers University, New Jersey, USA.  He also received a Master’s and Bachelor’s Degree in Physics from the Indian Institute of Technology, Kharagpur, India.

Toby Mathers

Investment Analyst

Toby joined Lloyd George Management (HK) Limited in October 2020. His main focus is to monitor portfolio positions and generate investment ideas for the regional Asian funds. He was previously employed as a management trainee at a Financial and Strategic Advisory firm where he dealt with Hong Kong clients, expanding and establishing operations in Mainland China and South East-Asia. Toby was educated at Discovery College, Hong Kong. He graduated from Durham University with First Class Honours in Finance.

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Tom Royds

Chief Operating Officer

Prior to joining Lloyd George Management (HK) in March 2015, Mr Royds spent 8 years as Chief Operating Officer for two Hong Kong based regional investment funds. In these roles, he was variously responsible for business management, operations, fund marketing, investor relations and compliance.

Mr Royds started his career in London in 1986 as a Eurobond dealer, in which capacity he worked in Hong Kong from 1988 to 1990. In 1990, Mr Royds joined Schroder Securities, initially on the convertible and derivatives team in London, and subsequently as an Asian equity salesman in New York. In 1996 he joined ABN AMRO, returning to London in 1997 as Head of North Asian Equity Sales. In July 2000, he was transferred to Hong Kong where he was later promoted to Global Head of Asian Equity Sales. He left ABN in 2005, before joining Lehman Brothers in 2006 as Head of Asia and Japan Client Account Management. Mr Royds has a BA in Economics from the University of East Anglia.

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Stella Leung

Operations Manager

Prior to joining Lloyd George Management (HK), Stella spent 20 years working in the operations team of Jardine Fleming (later merged with JP Morgan).  She performed operations for various cash equities, Futures and Options operations, cash management and reconciliation. In 2004, she joined Lloyd George Management (now known as BMO Global Asset Management) as Senior Fund Administrator of Settlement & Fund Administration in which she performed Operations on Units Trusts; UCITS Funds & Hedge Funds. Stella joined Lloyd George Management (HK) in March 2015.

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Carol Li


Prior to joining Lloyd George Management (HK), Carol spent 21 years as Group Accountant for Lloyd George Management (now known as BMO Asset Management). She was in charge of accounting and treasury operations. She reported to the CFO and CEO. She left Lloyd George Management in March 2015. Carol joined Lloyd George Management (HK) in March 2015.


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