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 small business ombudsman has charged banks with blocking financial services to the $2.6 billion adult industry, following an MP accus...
Global asset manager Insight Investment has gained a mandate from Zurich Australia’s investment business, for its Insight Diversified Infl...
The Actuaries Institute has warned that extreme weather conditions are set to continue, and investors needed to be aware of the risks. ...
Get notifications in real-time for staying up to date with content that matters to you.
