(Boursier.com) — OFI Asset Management (OFI AM) and Degroof Petercam Asset Management (DPAM) announced the creation of a joint management company based in Hong Kong.
A year later, SYNCICAP Asset Management (SYNCICAP AM) approved on October 4, 2021 by the Securities and Futures Commission of Hong Kong, has 15 employees, two-thirds of whom are recruited locally, allowing it to establish a presence in Asia and to exercise its activity fully.
Today the SYNCICAP AM teams are in place to take over the management of the 4 emerging funds offered to European investors by OFI AM. These funds, which have the particularity of being mostly SRI, are invested in equities and bonds from Asia, Latin America and Eastern Europe. The offer should be further enriched in the coming weeks, thus covering a wide spectrum of strategies.
The investment team, made up of 4 managers and 6 analysts based in Hong Kong, have been trained in best practices in terms of ESG analysis, capitalizing on the recognized know-how of the two parent companies, and will continue to build on this expertise.
“In terms of investment, the depth of these markets is impressive. We wanted to be as close as possible to the Chinese market to clearly identify trends and assess investment opportunities, particularly in companies that are taking up the challenges of sustainable development, a concern that has become a major concern for the economies of emerging countries. Although the context of the launch of SYNCICAP AM was made particularly difficult by the health crisis, this enabled us to measure the quality and commitment of employees, as well as the effectiveness of the operational organization put in place” comments Jean-Marie Mercadal, Managing Director of SYNCICAP AM.
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