UAE-based wealth management firm, Acuma, is planning to expand their business across the Asia Pacific region. Their first step is to officially launch in Hong Kong next week.

The ambitious new strategy will be led by recently appointed director Simon Davies, who will be responsible for managing and developing Acuma’s presence in the region.

He joins Acuma, who are currently owned by the deVere Group, from Richmond Asset Management Limited, also based in Hong Kong.

He holds three decades of experience having worked at firms including MBA Berkeley Burke Financial Services Limited.
Davies said: "It’s a privilege to be joining Acuma at the start of this incredibly exciting venture, which will see the firm launch into a region of enormous potential and opportunity."

Nigel Green, CEO of the deVere Group, said of the appointment: "Simon, a highly regarded industry figurehead, brings broad and proven experience of directing high growth companies with skill and ambition."