Fulcrum Asset Management is considering expanding its presence in Asia in the form of an office in Hong Kong or Singapore.
This is according to Joe Davidson, a managing partner at Fulcrum, who told FSA the potential expansion comes as the firm continues to build “significant momentum” across its business, particularly with sovereign wealth clients.
“We have offices in Sydney and in Tokyo; Hong Kong and Singapore are something we’re very keen on, so it’s probably a matter of time,” Davidson said.
Fulcrum Asset Management was founded in 2004 by former Goldman Sachs chief economist Gavyn Davies, initially running macro-driven long-only global multi-asset strategies.
The investment firm now has products that include a flagship absolute return UCITS fund, liquid and illiquid alternative offerings, as well as quantitative hedge fund strategies.
It has seen significant growth over the past decade or so, having increased assets under management from $1bn in 2011 to $8bn today.
