CDC IXIS seeks bigger role in North Asia

Go north young man: the French fund manager is scouting office locations, potential partners in Hong Kong.

The start of 2003 saw a flurry of activity at CDC IXIS Asset Management, which began seeking ways to expand its institutional and high-net worth fund management business out of its Singapore hub into North Asia. It hired Michael Chan from Dexia Fund Services in February to head up marketing for Hong Kong and Taiwan, while regional managing director Wen Lo began looking at office space in Hong Kong.

Then came the outbreak of the Sars virus, which...

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