IFM opens up shop in Hong Kong
Wednesday, November 30, 2016
(The New Daily by Rod Myer) – IFM Investors has broadened its global footprint by opening an office in Hong Kong.
IFM Investors chief executive Brett Himbury says a presence in Hong Kong will allow the firm to increasingly meet the global appetite of institutional investors and broaden it’s global presence.
“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.”
The new subsidiary, IFM Investors (HK) Limited, has recently been granted an operating licence from the Securities and Futures Commission of Hong Kong.
The Hong Kong presence will enhance it’s ability to invest in Asia and provide services to global investment operators who want better access to international markets. IFM Investors, through its Active Equities Team has recently launched three new investment strategies, including an Asia-Pacific Market Neutral capability. This capability has the right to invest in Hong Kong as well as Australia, Korea, Taiwan and Singapore.
