EFG AM targets retail entry in Hong Kong

EFG Asset Management, the investment arm of EFG International, is entering the retail market in Hong Kong with the launch of its first series of funds authorised by the local securities regulator. It has previously focused on institutions and high-net-worth individuals. Moreover, it plans to add investment, research and client-servicing professionals in Hong Kong in response to what it describes as organic growth combined with expansion into the retail arena. EFG AM is also revi…