Allfunds Launches Hong Kong Office
Allfunds furthers its Asian expansion with the launch of a new Hong Kong office as its North Asia hub.
Global funds platform Allfunds has opened a new Hong Kong office after acquiring licenses from the local watchdog.
The new team will be led by Louis Poon, head of Hong Kong, and Stephanie Chan, head of client services, Hong Kong. Both will report to David Perez de Albeniz, Singapore-based head of Asia.
Poon has over 20 years of asset management and banking experience having worked for the likes of Franklin Templeton, Janus Henderson and Standard Chartered. Chan has over 10 years of experience in securities services and asset management having previously worked with HSBC, J.P. Morgan and Euroclear.
Asia Expansion
According to a statement, the extension to a new North Asia hub follows the expansion in Southeast Asia where the platform now services $20 billion from over 30 distributors.
«As we continue to expand our operations in the region and globally, we will be able to provide our clients with greater expertise and more localized support to help them attain their goals,» said Juan Alcaraz, CEO of Allfunds.
«Our growth in the region has been dynamic and has already garnered a significant volume of assets under administration due to clients seeking out the unique value proposition that we offer.»
