PRINT THIS PAGE FRM hires Dr Au King-lun to head Hong Kong fund of hedge funds business14/07/2008. Source: AltAssets.
Fund of hedge funds manager Financial Risk Management has appointed Dr Au King-lun as CEO of FRM Hong Kong. In addition to heading FRM's newly-opened Hong Kong office, Dr Au will lead the firm's business efforts in Asia ex-Japan and Korea. Dr Au joins FRM from HSBC, where he has been working for the past 11 years, most recently as head of institutional business, Asia Pacific, for HSBC Global Asset Management (Hong Kong), overseeing institutional client assets in the Asia Pacific region.
Paul Dunning, CEO of FRM (London), said, 'The appointment of Dr Au represents a significant increase in the resources we are devoting to serve investors in the Asia region. Over time, we expect Dr Au to oversee further material expansion of our Hong Kong-based manager research and client facing teams.'
FRM opened its Hong Kong office in May 2008. The new location adds to the firm's offices in Tokyo (opened in 2000) and Sydney (opened in 2001).
FRM manages $15bn in assets. It employs 200 people across its office network comprised of locations in London, New York, Tokyo, Hong Kong, Guernsey and
Sydney.
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