East Capital subsidiary East Capital Asia Ltd., has been granted both an asset management license and a securities advice license from the Hong Kong Securities and Futures Commission (SFC).
East Capital opened its Hong Kong office in 2007 and has invested in Asia since 2010. Over the past five years, it expanded its presence with a new researcj capability into China’s equity markets and by obtaining an RQFII license.
The Hong Kong-based equity team is led by Karine Hirn, Partner, East Capital, who works with two experienced investment professionals, Adrian Pop and Dmitriy Vlasov, together with a team of analysts.
“An asset management license in Hong Kong is a significant development for East Capital, as it enables us to enhance our investment processes,” said Hirn. “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’s Asia fund range includes a daily-traded A-shares fund, the East Capital (Lux) China Fund and the East Capital (Lux) Emerging Asia Fund. Last year the firm launched the East Capital (Lux) Frontier Markets Fund, part of which invests in Bangladesh, Sri Lanka, Pakistan and Vietnam.