Noble Investments seeks HK licence

It has hired Stewart Aldcroft to run its Asian structured products business.

Noble Investments, a Zurich-based boutique manager of structured products and hedge funds with $1 billion of assets is applying for an investment advisory licence from Hong Kong's Securities and Futures Commission in order to start business here.

The firm has just hired Stewart Aldcroft as regional director and he will oversee a small team of four people in Hong Kong and one in Shanghai to develop a distribution and client base.

Aldcroft is a longstanding member of the Hong Kong funds industry, having worked in the Territory since arriving with Schroder Investment Management in 1985. His resume includes business development at HSBC Asset Management, Franklin Templeton and...

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