Custom House Global Fund Services, a London-based hedge fund administration specialist, has expanded its footprint in China by opening a new office in Shanghai.
Custom House Global Fund Services CEO Mark Hedderman said: "Our continued growth in China supports investor's desire to gain immediate access to a financial services centre perfectly suited to meet the demands of those who are looking to venture into the global financial markets.
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"With a considerable amount of wealth generated in China over the recent years, investors are looking to diversifying into global investment opportunities, amid concerns of future lower domestic growth and threat of potential currency devaluation."
Custom House Fund Services Hong Kong managing director Tony Kan said: "We are excited about the opening of our new office and having Mrs. Huang on board to strengthen our partnership with our valued clients and provide a local presence for quality fund administration solutions to clients in the Shanghai region managing offshore funds.”
Also, the company appointed Sunny Huang as a relationship manager, who will be responsible for new business development and the collaboration between clients and the firm.
Huang joined Custom House from her role as a client advisor assistant at UBS in Hong Kong. At UBS, she was responsible for the administration of onboarding clients and providing updates on their portfolios.
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By GlobalDataHuang will report to Hong Kong office director Allen Li.
