As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 18 hours ago
Jul 14 2008 | 10:31am ET
Global fund of hedge funds Financial Risk Management has hired Au King-lun as chief executive officer of FRM Hong Kong Limited. King-lun will lead FRM's business efforts in Asia ex Japan and Korea, and will also head FRM's newly-opened Hong Kong office.
King-lun will join FRM in September from HSBC, where he has been working for the past 11 years, most recently as head of institutional business, Asia Pacific, overseeing institutional client assets in the region.
Paul Dunning, CEO of Financial Risk Management Limited (London) said: “The appointment of Dr. Au represents a significant increase in the resources we are devoting to serve investors in the Asia region. Over time, we expect Dr. Au to oversee further material expansion of our Hong Kong-based manager research and client facing teams."
FRM opened its Hong Kong office in May 2008, building on its presence in Asia, including offices in Tokyo and Sydney. The firm currently manages over US$15 billion in assets for institutions worldwide.