GAM Investments and Sun Hung Kai & Co. Ltd., leading companies in alternative investments based in Hong Kong, have announced a new alliance to promote growth and improve customer service and assistance throughout Greater China, which includes Hong Kong, mainland China, Taiwan, and Macao.
Effective from August 1, 2024, the partnership involves significant new investments in the distribution platform and in the new strategic alliance serving investors across the region.
Expansion of Product Offering
The new partnership will also expand the current product offering of GAM, which includes high conviction equity, specialized fixed income, multi-asset, sustainable investments and a growing expertise in alternative investment solutions. These products will be available for Wholesale, family office, and institutional channels. In addition, GAM and SHK & Co will work closely together to develop innovative, alternative investment solutions aimed at supporting portfolio diversification for clients both locally and internationally.
We are pleased to collaborate with SHK & Co, a leading company founded in 1969 and known for its presence in the local market, experience in alternative investments and wealth management solutions. This alliance strengthens our commitment in the region and enhances our ability to offer clients distinctive and award-winning investment solutions.
Elmar Zumbuehl, Group CEO, GAM
Collaboration and innovation
The collaboration is based on the strong local presence, extensive experience, and network of SHK & Co. The two companies share a vision and an entrepreneurial approach aimed at promoting growth through new activities, private wealth solutions, and active management investment opportunities for a wider range of clients.
As part of this strategic alliance, Sun Hung Kai Capital Partners Ltd., the authorized subsidiary of SHK & Co, will be responsible for the service and distribution of GAM funds in Greater China. To ensure a smooth transition, SHK & Co will use the operational processes, systems and local talents of GAM based in Hong Kong, thus ensuring excellence in relationship management and customer service. GAM reaffirms its commitment to the region, maintaining continuous service and support thanks to the alliance with SHK & Co.
We are excited to collaborate with GAM, a prestigious global asset manager with a long history of excellence. This strategic alliance combines our respective strengths and complementary resources, significantly enhancing customer service capabilities and investment solutions. Together, we are well positioned to offer distinctive products that meet the evolving needs of our clients throughout the region. Moreover, we look forward to deepening and exploring further business collaborations with GAM in the coming years, particularly in alternative investment solutions.
Tony Edwards, Deputy CEO of SHK & Co