Credit Suisse AM plots Asia strategy

It is scouring the region for the optimal entrance opportunity, and will base people here next year.

Credit Suisse Asset Management is actively searching for a way to enter Asian markets within the next three-to-six months, says Clayton Coplestone, head of the firm's Australian retail funds business in Sydney. Coplestone has been given the nod to move to an Asian market to run the Asia ex-Japan, ex-Australia operation sometime early next year.

For now, however, the location and the strategy have yet to be finalised, so Coplestone has few details to divulge at this stage. The push for a presence on Asian soil began last year when the organization made a decision to divide the world into three main units, the Americas, Europe, and Asia-Pacific, rather than run a hodgepodge...

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