Tokyo-based SPARX Group, a provider of Asia-focused alternative investment products, has opened a new office in Sydney, Australia, to expand its asset management services across the Asia-Pacific region. 
 
The new office, which opened this month, extends the reach of the group’s two main Asian hubs in Hong Kong and Tokyo. The office services a global clientele with alternative asset management products through the group’s Hong Kong-based subsidiary PMA Investment Advisors, an alternative investment advisory and management services firm.
 
In its initial start-up phase, the Sydney office includes two analysts covering Australian equities and another investment professional supporting the PMA suite of products.
 
In addition to the opening of the Sydney office, SPARX Group is dissolving subsidiary SPARX Global Strategies, which provides consulting services to other SPARX entities, as part of a broader realignment of its global business operations.