Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
KNEIP, Bob Kneip

7751

KNEIP opens Hong Kong office

RELATED TOPICS​

KNEIP is expanding into the the Asian market, with the opening of an office in Hong Kong. KNEIP Asia Limited was incorporated in March 2011, following the approval of the Ministry of Finance and the CSSF (Commission de Surveillance du Secteur Financier). The Hong Kong office, headed by Derek Ho, will allow KNEIP to better serve global clients distributing their funds in Asia.

 

Building on its traditional free market economic policy, and with USD6.3 billion Net fund sales in 2010, Hong Kong continues to mature as a major financial centre. By establishing a local presence in Hong Kong, KNEIP will gain valuable market knowledge that will enable to better serve their Asian client base. The office will support KNEIP’s data, media, and reporting solutions and provide localised publication control for all funds in Asian media.

Derek Ho, Country Manager for Hong Kong is a reputable local fund expert with over 15 years of experience in the industry. He is joined by Letizia Lukas, who has six years of experience at the KNEIP headquarters in Luxembourg. Letizia will manage local operations and develop new and existing relationships with the Asian media.

Derek Ho, Country Manager for Hong Kong, commented: "Hong Kong, Singapore, and Taiwan are among the most vibrant markets in Asia for cross-border fund distribution. In considering potential locations for our initial Asian presence, we chose Hong Kong for its strong leadership in the fund distribution industry. We are seeing an increasing number of local players launching new fund products to cater to the increasing popularity of Renminbi-denominated funds. More Chinese fund management companies are entering the Hong Kong market and are using Hong Kong as a platform to attract investors in the region or worldwide, capitalising on their China investment expertise. KNEIP is ready to be at the forefront of these trends to serve asset managers in the local market."

Bob Kneip (pictured), CEO of KNEIP, says: “Opening a local office in Hong Kong is in line with our 2011 growth strategy and with our ambition to be closer to our clients. This development will help to enhance our ability to better serve our Asian client base.”

KNEIP is headquartered in Luxembourg and has offices in Brussels, Frankfurt, Paris, Hong Kong, Lausanne and London.

Latest News

Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in..
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by