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
The multinational asset manager has decided to drop investments in thermal coal, oil sands and Arctic drilling from all of its mutual funds....
Treasurer Josh Frydenberg has said the government will no longer aim for budget surpluses as he laid out a two-phase plan for Australia’s ...
AMP Capital has bought a majority stake in international infra tech fibre company VX Fiber, on behalf of investors in its infrastructure equ...
Subscribe to our newsletter
Copyright © 2020 Investor Daily
Get notifications in real-time for staying up to date with content that matters to you.
Read More