The investor-owned fund manager, IFM Investors, who currently operate one Asian office in Tokyo, has increased its Asian footprint with a new office in one of the regions top finance hubs.
IFM Investors has broadened its global coverage by opening an office in Hong Kong, with IFM Investors (HK) recently being granted a licence from the Securities and Futures Commission of Hong Kong, (SFC)
IFM Investors Chief Executive Brett Himbury believes that an office in Hong Kong will allow the firm to increasingly meet the global appetite of institutional investors and broaden the firm’s global presence.
Opportunities Across Asia
This is a significant development for IFM Investors, as its Active Equities Team has recently launched three strategies, including an Asia-Pacific Market Neutral capability. This capability can invest in Hong Kong as well as Australia, Korea, Taiwan and Singapore.
«Our investors are increasingly seeking opportunities in Asia and an office in Hong Kong will allow us to continue to globalise our investment capabilities. We will work closely with regulators and professional investors in Hong Kong to meet regulatory requirements and investor needs,» said Himbury
IFM Investors now has offices in Melbourne, Sydney, New York, London, Berlin, Tokyo and Hong Kong, with more than 40 percent of the firm’s investment professionals based outside Australia.