HONG KONG, April 29, 2019 /PRNewswire/ -- FinEX Asia Investment Limited ("FinEX Asia") has obtained approval by the Korean Financial Services Commission ("FSC") to solicit fund products in South Korea.
FinEX Asia is expanding quickly and views Korea as a key market for achieving its global ambitions. The Korean asset management industry is amongst the most mature in the region; however, Korean investors continue to seek more overseas exposure. FinEX Asia will leverage its industry leading funds to connect Korean investors with the US credit market and provide opportunities for global diversification.
"This is a significant milestone for FinEX Asia," said Robert Cheung, CEO of FinEX Asia. "The FSC is well respected for their strict but fair regulatory standards. We are encouraged by their approval and are confident that it represents the outcome of other registration applications submitted to regulatory bodies around the world."
FinEX Asia is devoted to its global expansionary vision and is in discussion with regulatory bodies worldwide to extend its fund products to new markets. It currently manages over US$260m AUM and has multiple funds that rank top 35 on Bloomberg.
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About FinEX Asia
FinEX Asia provides comprehensive asset management services to clients worldwide. It leverages competitive advantages in technology, expertise, and global networks to maximize returns and drive key insights that simplify the asset management experience. It connects professional and institutional investors with carefully structured fund products utilizing advanced risk modeling capabilities while providing elite advisory services and fund management solutions to financial institutions. FinEX Asia is headquartered in Hong Kong and operates under SFC License# AFQ783.