UK-based
equity manager, Martin Currie has established a hub for Asia, in Singapore. The
firm says that this is a long-term strategic decision, driven by the changing
shape of its current and predicted client base.

Paul Danes,
investment director, is chief executive of the Singapore Office. Kimon
Kouryialas, the regional head and Mike Gibb – who relocated to Singapore,
establishing a director-level focus on business development – will focus on
building a “first-class” offering for clients across the territory. In
addition, Liping Tan has joined as an equity dealer from Prusik Investment
Management and Steven McCole, head of Asia Pacific dealing, has relocated from
the company’s head office in Edinburgh to lead the dealing capabilities in
Singapore.

“Around 50 per cent of the assets we manage are
invested across Asia …. By moving some of our trading to Singapore we will be
able to execute our investment strategies more efficiently and effectively
going forward,” Willie Watt, chief executive of Martin Currie, said in a
statement.