- Anatole, the Hong Kong-based asset manager, is opening an office in Singapore and may move key functions and decision-making there.
- The move comes after the firm told investors that it had significantly cut its exposure to China.
- The nervous system is likely going to be in Singapore.
- Anatole may keep a smaller presence in Hong Kong to avoid falling out of favour in China, where it still has its largest exposure.
- Singapore has benefited from Hong Kong's closed borders and increased geopolitical tensions, making it a neutral financial outpost.
Financial Times — Companies — Asset Management — Fund Management — Asia-Pacific Companies — Financial Services
Longtime China investor Anatole to open ‘outpost’ in Singapore
Hong Kong-based asset manager Anatole is opening an office in Singapore after significantly cutting its exposure to China, amid a regulatory crackdown on multiple sectors. The move comes as Singapore benefits from Hong Kong's closed borders and geopolitical tensions, attracting global capital.