Komfie Manalo, Opalesque Asia for
Hong Kong-registered asset management company Swiss Asia Asset Management is looking to incubate hedge fund
managers in Hong Kong and at the same time raise its assets under management that
currently stands at $1.5bn.
To better position itself in Hong Kong, Swiss Asia is moving its Business
Development Manager Omar Taheri into the island to head-charge the Swiss-Asia
Incubation Platform. Swiss Asia Asset Management already has type four (for
accredited investors) and type nine (fund management) licenses in Hong Kong.
Taheri said in an interview with Opalesque, "In Hong Kong we are seeing larger funds
being launched, perhaps that is the nature of the major trading desks in Asia being
based in Hong Kong. The key in the near future is having access to the growing
wealth of China, and talented Chinese fund managers setting up in Hong Kong."
Swiss Asia is an incubator of hedge funds and in the last year has added eight new
funds onto its platform in Singapore. Taheri's main purpose is to add more funds
onto their platform in Hong Kong to respond to the growing interest for the
Taheri continued, "There are new platforms being set up to address the demand for
such incubation services for hedge funds. Hedge funds in Asia don&......................
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