Asia is at forefront of Acadian Asset Management’s private-wealth push: CEO
US firm is eyeing growing pool of HNWIs in region and investor demand for more institutional products
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[SINGAPORE] Fund managers have increasingly turned to Asia’s private-wealth pool as a new source of capital, but quant manager Acadian Asset Management is doing things slightly differently.
“Asia has been (at) the forefront of our wealth strategy,” Kelly Young, CEO of Acadian told The Business Times.
The US-headquartered fund manager is looking to tap the growing market of high-net-worth individuals (HNWIs) in Asia and sate investor demand for more boutique products that offer access to more institutional products, she noted.
