Following up on a 1998 decision to expand aggressively out of its European redoubt, ABN Amro Asset Management is in the process of growing its investment team, product range and business relationships throughout this region, says Frank Kusse, CEO for Asia Pacific. The firms assets under management AUM in Hong Kong grew last year from Eu3.8 billion $3.59 billion to Eu7.5 billion, and its target is to manage Eu20 billion within five years much of which will come from Japan. The firms global AUM is Eu135 billion.
On the people front, the firm is looking to hire five more investment professionals in Hong Kong, bringing its team to 16 this year, as...
