IFM Investors, a Australia-based investment management firm, has set up a new office in Hong Kong.

The subsidiary, IFM Investors (HK), already secured a licence from the Securities and Futures Commission of Hong Kong.

IFM Investors CEO Brett Himbury said that the new office will help the company serve the global appetite of institutional investors.

“Our investors are increasingly seeking opportunities in Asia and an office in Hong Kong will allow us to continue to globalise our investment capabilities. We will work closely with regulators and professional investors in Hong Kong to meet regulatory requirements and investor needs,” Himbury stated.

In addition to Hong Kong, the company also has offices in Melbourne, Sydney, New York, London, Berlin, and Tokyo.

The opening of the new office follows the launch of three strategies by the company’s active equities team.One of these strategies include an Asia-Pacific Market Neutral capability that can invest in Hong Kong, Australia, Korea, Taiwan and Singapore.