Australian Wealth Consultant Relocates Representative Office From Singapore To HK

Vanessa Doctor

2 June 2011

The Singaporean wealth management consultancy Tria Investment Partners has moved its representative office to Hong Kong in a bid to capture a wider share of the Chinese wealth management market.

Hong Kong is seen as a viable gateway to China, which much global market research has suggested will outdo the rest of the world financially over the next few years. Through its new office Tria said it will initially focus on research and strategy development for the Asian wealth industries, as well as high-impact implementation projects. Its goal is to cover established markets, such as Japan and Taiwan, along with newer wealth markets, such as Indonesia, China, and Korea.

"There are no quick wins, but the outlook is steadily improving as Asia becomes an important and more outward-looking institutional market and, in particular, one of the fastest growing markets for retail funds," commented Andrew Baker, managing partner at Tria.

Tria Investment Partners is based in Sydney, Australia and specialises in consulting and project management services for the wealth and asset management sectors.