01/09/2011 Author: Kirstie Brewer

Irish legal firm expands Asian presence with Hong Kong office

Dillion Eustace, the Irish legal investment funds advisory firm has opened a new office in Hong Kong, following increasing demand for locally based expertise on European financial and regulatory issues.

The new office, headed by Paul Moloney, will serve the firm’s existing Hong Kong- based clients as well as provide an extra point of access for existing Chinese, Japanese and South Korean clientele.

As the hub for financial services in Asia, Hong Kong was a natural choice for Dillion Eustace, who already have an office in Tokyo, and comes in light of the growing regional recognition of the Ucits brand and Ireland’s attempts to win Ucits from Asia based managers.   

“Ireland is one of the premier asset servicing jurisdictions in the world and the Asian interest in using Ireland as a base for operations is very high,” said Mark Thorne, Managing Partner with Dillon Eustace.

“In recent years, the co-operation between the Irish Fund Industry Association (IFIA) and the Securities Association of China has greatly increased the profile of Ireland as an investment destination amongst the Asian funds community.”