Does loyalty lie with the lawyer or the law firm?
Big changes were afoot in the London hedge fund legal scene last week, after New York-based Akim Gump swooped on Simmons & Simmons
29/07/2010
Swiss banking group expands into Asia
Swiss banking group, SYZ & Co is moving forward with a planned expansion in Asia by strengthening the operations of its Hong Kong office and launching a new basket of funds.
In addition to alternative asset management - which has been available since January 2007, SYZ will from now on also promote and distribute its institutional asset management solutions and Oyster range of Luxembourg Sicavs in the region.
Daniel Ghirardi has been appointed as the business’s new CEO in Asia, which is also in the process of changing its name from from 3A Asia to SYZ & Co Asia, subject to regulatory approval.
“We have identified strong demand in the region for innovative products with high added value. The extension of our activities will enable us to capitalise on the contacts established over the last few years to offer the full range of the group's products throughout South-East Asia and Australia”, said Eric Syz, a managing partner at SYZ.
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Editor's view: 8 February 2012
Speculative moves, a perceived landgrab and a potential bidding war in the hedge fund sector have all opened up in recent weeks
Comment: Julian Korek
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