New Office
Hong Kong Boutique Investment Firm Set To Open In Jakarta
Cedrus Investments, the Hong Kong-based boutique investment firm, is poised to launch a new representative branch in Jakarta later this year.
The new branch will be named PT Cedrus Investments (Indonesia) and will provide asset management and private equity services to investors seeking exposure to Indonesia and Southeast Asia. Cedrus has branches in the Greater China and Middle East regions and expects the new office to help strengthen trade and investment inflows between its franchises across the locations. In September 2011, Cedrus launched a Canadian equities fund to tap the North American market. </>
In Indonesia, the firm says it is particularly interested in investment opportunities in the fields of energy, natural resources and agribusiness. The current investment climate in the country offers robust returns for foreign investors, what with President Susilo Bambang Yudhoyono working toward a reduction in the ratio of debt to gross domestic product to 24 per cent in 2012, from 25 per cent in the previous year. The government is also preparing to establish a new financial market regulator due to begin in January 2013.
Cedrus Investments specialises in private wealth management, asset management and financial advisory services for institutions, corporations, family offices and high net worth individuals worldwide.