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Luxembourg Fund Manager Expands Asia Sales Team
Tara Loader Wilkinson
17 July 2012
VAM Funds, the specialist Luxembourg-based fund manager, has added a new sales manager in Asia in anticipation of receiving its Hong Kong registration from the SFC. Paul Bamber joins as a sales manager with a mandate to grow distribution in Hong Kong, China & Japan, which the firm sees as strategic areas for development in its global distribution plans. He previously held the same role at Scottish Mutual International. He has
also held senior posts at Clerical Medical and Old Mutual International. He will be working alongside Linda McLaren who will continue to be
responsible for developing the business in Singapore, Malaysia, Thailand
and Indonesia – countries where VAM has been experiencing rapid growth
through its intermediary relationships, it said in a statement. VAM said its fund sales have more than doubled in Asia in the last twelve months. The firm entered the Asian market two years ago, having secured Monetary Authority of Singapore registration. It is expecting to receive Securities and Futures Commission registration in Hong Kong.