FundRock has opened a new branch in Singapore that is to be headed by Timothy Walkley, managing director of Asia markets.
Walkley has more than 20 years experience in investment management, with knowledge of Asian markets.
Most recently, he launched a China A-share exchange-traded fund in partnership with FundRock for a large Chinese investment manager.
Walkley has been actively involved in China-focused investment activities since 1999, covering private and public equities.
Xavier Parain, group CEO of FundRock, said: “The establishment of a FundRock branch in Singapore is part of our strategy to expand our business in the Asia-Pacific region and complements the cooperation agreement we signed in September with Perpetual Corporate Trust of Australia.”
He added: “Our clients are always in the centre of what we do and Tim Walkley’s significant experience of dealing with Asian based managers will allow us to broaden the solutions we can offer them in the region.”
Tim Walkley commented: “FundRock has a long track record of offering solutions to Asia based managers and understanding the specific challenges they face. Following a significant increase in the number of Asian investment managers setting up funds in Europe, the establishment of a branch in Singapore allows us to better serve our existing clients and expand our client base”.
