East Capital Asia, a subsidiary of East Capital, has secured an asset management license and a securities advice license from the Hong Kong Securities and Futures Commission (SFC).
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The asset management license in Hong Kong will facilitate the investment manager to bolster its investment processes in the country.
East Capital partner Karine Hirn said: "An asset management license in Hong Kong is a significant development for East Capital, as it enables us to enhance our investment processes.
"Outside of Europe, our Hong Kong investment hub is our second home and we have ambitious plans for further growth in the region as we see increasing interest for our Asian products from our global investor base."
East Capital opened its Hong Kong office in 2007 and has invested in Asia since 2010 with East Capital’s Asia fund range comprising a daily-traded A-shares fund, the East Capital (Lux) China Fund and the East Capital (Lux) Emerging Asia Fund.
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