GAM has continued its international efforts through a strategic deal with Hong Kong-based alternative investment specialist Sun Hung Kai & Co (SHK & Co).
The alliance between the two groups, which will launch on August 1, will give the Swiss asset manager a foothold in the fast-growing Greater China market, which includes Hong Kong, mainland China, Taiwan and Macau.
Sun Hung Kai Capital Partners, a licensed subsidiary of SHK & Co, will manage the distribution and management of the GAM funds in Greater China. To ensure a smooth transition, SHK & Co will utilize GAM’s operational processes, systems and local Hong Kong talent in the business.
