Dexia Asset Management has reinforced its European presence with the launch of an office in London.

The new office is headed by David Kane, who is responsible for client relationship management in the UK and Ireland.

Kane has served UK and Irish clients at Dexia since 2008, and has 14 years of experience in the asset management industry overall. “Our ambition is to continue to develop our distribution partnerships with both local and global fund selection units, based in London and Dublin,” he said in a statement.

Prior to Dexia, Kane held numerous roles in institutional relationship management and business development, amongst others, at State Street Global Advisors Ireland and Kleinwort Benson Investors Dublin.

Dexia managed €77.9 billion (about $102.2 billion) at end December 2011.