UK-based Forsyth Partners has opened a marketing office in Hong Kong and is awaiting regulatory approval to introduce its fund research services to the Asian market. The office, run by Guy Medcraft, may also offer some of the firm's fund of funds products to local investors.
The growth of wealth management services at banks in Asia prompted the firm to set up the four-man team in Hong Kong. It will target distributors in Hong Kong and Singapore, and perhaps expand to Taiwan later this year.
Forsyth's website bills its fund research capabilities as more penetrating than those provided by incumbents such as Reuters Lipper or Standard Poor's. Its selling point...
