February 27, 2006

SGAM AI opens hedge funds platform in Asia

SGAM Alternative Investments is reportedly establishing a dedicated team of hedge funds specialists in Hong Kong. This set up will be alongside its existing structured products group. Christophe Lalo, who has been relocated from Paris, will be taking on the role of Regional Head of Sales & Marketing, Hedge Funds, in Asia Pacific. Prior to this, he was Head of Sales & Marketing in Paris, looking after the development of hedge funds in Asia Pacific. There will also be other senior officials who would provide support to Lalo at this front. Hedgeweek reports:

“Asia is a growing part of our structured products and hedge funds businesses. These initial recruitments are the very first step to creating a strong franchise in Asia,” said Philippe Brosse, CEO of Paris-based SGAM AI. Société Générale Asset Management (SGAM) Group is also expanding its operations in the region, recruiting two Chief Marketing Officers, based respectively in Hong Kong and Singapore.

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