Martin Currie Sets Up Asia Hub In Singapore

Sally Ling

16 July 2013

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.