Swiss-Asia adds five alternative funds to its platforms in Singapore and Hong Kong

Swiss Asia Group has posted a strong Q3-2015 with the addition of five funds to its platforms in Singapore and Hong Kong.

Swiss-Asia Holding Pte Ltd is a Singapore-Registered Financial Holding Company with two main subsidiaries, one in Singapore and one in Hong Kong. It was founded in 2004 by Olivier Mivelaz. Swiss-Asia runs a fund management platform, a wealth management platform and a B2B platform.

The fund platform provides a cost effective solution for managers who look to launch a fund in Singapore or Hong Kong, by providing back and middle office fund operations. In the structure, fund managers are able to choose their preferred counterparties for trading, custodian service, audit and fund administration.

Swiss Asia Managing Partner Steve Knabl said that the S$2.5bn ($1.78bn) platform had signed five new fund managers that have launched in Q3-2015.

The fund management platform continues to see strong interest in its hedge fund incubator model, said Steve Knabl. Swiss-Asia is also providing options for fund managers in the $3-7m that can be extremely cost effective and offer all the flexibility that a Cayman Fund does.

Head of Business Development Omar Taheri told Opalesque, "The new fund managers are seeing the merit in joining a platform as they can focus on their trading, the continued interest has seen exponential growth and we invite all service providers to work together with us in developing our model."

One of the new funds Swiss Asia has transitioned onto its platform in the third quarter is the Khan Mongolia Fund, a fund which aims to capture the opportunities for growth offered by the expanding Mongolian economy, by investing primarily in equity securities of Mongolia companies. Swiss-Asia is advised by Khan Investment Management and will be entrusted with the management of the fund.

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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.