SEARCH
Investor-owned fund manager IFM Investors has opened an office in Hong Kong and secured a licence from the region’s Securities and Futures Commission.
The firm has also launched three new strategies, including an Asia-Pacific market neutral capability, and IFM Investors chief executive Brett Himbury said the new office would support the company’s global reach.
“Our investors are increasingly seeking opportunities in Asia and an office in Hong Kong will allow us to continue to globalise our investment capabilities,” he said.
“We will work closely with regulators and professional investors in Hong Kong to meet regulatory requirements and investor need.”
Mr Himbury said the new office will allow the company to “increasingly meet the global appetite of institutional investors”.
In addition to the new Hong Kong office, IFM Investors now have offices in Melbourne, Sydney, Berlin, New York, London and Tokyo, with 40 per cent of the company’s investment staff based outside of Australia.
Read more:
Hub24 acquires fintech company
Governance Institute elects new president
QIC signs agreement with Chinese fund manager
Barriers remain for women fund managers
OneVue to provide super admin for Praemium
Stimulate new ideas. Stimulate new thinking. Top up your CPD and hear from industry experts with InvestorDaily’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD. Explore the knowledge centre Knowledge Centre now.
The central bank has said it would be “premature” to consider ceasing its bond-buying program as the completion date for its second roun...
A new report from the Australian Competition and Consumer Commission (ACCC) has revealed the extent to which consumers are falling for scams...
Despite the Australian economy’s ongoing rapid recovery, an Australian equity head believes GDP growth will “fade” in 2022. ...
Get notifications in real-time for staying up to date with content that matters to you.
Read More
