New Office

UK Investment Manager Opens Singapore Office

Vanessa Doctor Asia Editor 28 July 2009

UK Investment Manager Opens Singapore Office

International investment firm Martin Currie Investment Management is seeking to strengthen its Asian presence with a new office in Singapore.

The Edinburgh-based firm has been managing money in China and Japan since the 1920s, but it set up shop in Shanghai only in 1997 and in Melbourne in 2008.

The Singapore office is the third Martin Currie will have in the region, and comes at a good time, given the volume of money pouring in and hopes to cash in on largely unmaximised Asian wealth.

The company, which specialises in financial institutions, charities, foundations, pension funds and investment trusts, says the Singapore base will initially offer only client servicing, although it is mulling the inclusion of portfolio managers and local analysts over time.

Martin Currie has already picked a person to spearhead its Singapore services, but declined to give a name out as the person is still with another firm.

The Singapore team will report to Melbourne country head Kimon Kouryialas.

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