|
Benedicte Gravrand, Opalesque Geneva:
We hear much of U.S. or European investment management companies, investment banks or other financial firms setting up operations in Asia, while keeping their head-quarters at home. European financiers simply settling down in Asia and launching their own first company there is rarer though. But a good idea as it make sense to follow the money - and a lot of it is moving to this region.
Seppo Leskinen for one is in the process of launching his own asset and investment management advisory boutique in Singapore. He had been with the SEB Group, a large Nordic bank, since 2002 – his last position there as head of asset management Asia-Pacific at Singapore-based SEB Asset Management.
The new firm will be called Karelia Capital Advisors and it will advise Nordic and other European institutional investors in their Asian investment strategies. It will officially launch once the legal work is done and dusted, in a couple of months or so.
Leskinen had been in discussion about setting up on his own with SEB since May, all of which was done very "gentlemanly." He has been on a garden leave for the last month and a half.
Karelia will supply local Asian fund manager research, local Asian portfolio and asset allocation advisory service, and local bespoke Asian asset fund structuring solutions according to his LinkedIn profile. Investors are not keen t...................... To view our full article Click here
|
RSS
