Unigestion strengthens Asian presence after regulatory approval

Boutique institutional asset manager Unigestion has secured a Capital Markets Services License, issued by the Monetary Authority of Singapore, as it continues to develop its presence in Asia.

The license, which was officially approved on 4 July 2013, will significantly enhance the extent to which Unigestion can market its equities, private equity and hedge fund offerings in the region, the boutique said.

Unigestion’s application for a Capital Markets Services License is the latest in a series of steps the company has undertaken to increase its profile within this key strategic market.

The company made two senior appointments in the last two years, with Bill Foo and Aje Saigal being appointed Unigestion Asia Chairman and Non-Executive Director, Asia respectively, in view to enhance local knowledge of Asian institutional investors’ needs and a wealth of experience to the growing manager’s senior management.

In addition, with the transfer of Robert Collan, Private Equity Investment Manager, from Geneva to Singapore in September 2012, the company has also increased the local presence of investment professionals.

Commenting on Unigestion’s ambitions in Asia and the recent receipt of the Capital Markets License, Fiona Frick, Unigestion Chief Executive Officer, said: “We are delighted to receive regulatory approval from the Singapore authorities as we continue to develop our presence in this key financial market.

“There are clear signs that Asian institutional investors are actively seeking to diversify their asset allocations and are particularly keen to work with managers that have strong reputations and can provide tailor made solutions specifically structured to suit their individual needs.”

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