Comment: Chris Sullivan
The hedge fund industry has always had a bit of a schizophrenic relationship with the media, particularly here in the US
Against the backdrop of difficult market conditions and growing investor…
19/01/2012
Kinetic Partners, the regulatory and compliance services firm, has revealed further details about the launch of its Hong Kong office, first revealed by HFMWeek in November.
The move comes in response to the region’s booming financial services industry, with the office to focus in particular on regulatory compliance services and tax structures.
Julian Korek, one of Kinetic’s founding members, will head up a four-strong team leading the office, supported by a team of local regulatory experts.
A statement issued by Kinetic said it was anticipated that the team will grow rapidly in response to demand.
“There is a real buzz about the place and we have seen a keen interest from financial firms based here to better understand the global regulatory landscape and how it is influencing their regulatory requirements,” said Korek.
He added that this could be the first of several new offices in Asia. “With time, we will be looking to expand the team into other jurisdictions including Singapore and mainland China.”
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