Private Funds CFO insights 2020
6 December 2019
SANNE, the leading global provider of outsourced alternative asset and corporate administration and reporting services, is pleased to announce the appointment of Valérie Mantot, Director, SANNE in Asia and Ching Yng Choi, Head of Asia at ALFI, as Co-Chairs of the newly formed Association of the Luxembourg Fund Industry (ALFI) Singapore Working Group.
Valérie Mantot had previously been Chair of the ALFI Dubai Working Group for more than five years. Ching Yng Choi has been heading the ALFI Asia Representative Office for the last six years, Chairing the ALFI Hong Kong Working Group and Co-Chairing ALFI TA & Distribution Forum Asia, out of Hong Kong.
The Working Group has been created to foster cooperation and business relations between the Singapore and Luxembourg investment fund centres, facilitating professional knowledge sharing as well as providing a forum for the discussion of industry trends and market opportunities.
As a global leader in cross-border fund distribution, Luxembourg has a significant share of foreign funds registered for sale in Asia and ALFI has had a presence in the region since 2010. The Working Group will continue ALFI’s objectives of gaining a better understanding of the investment fund market in South East Asia, to understand the laws and regulations, the investment culture, management techniques, distribution opportunities and challenges and identify potential development for Luxembourg as a service centre.
The official launch of ALFI Singapore Working Group will be held on Thursday, 9 March 2017 at the ALFI roadshow to Singapore led by Luxembourg Finance Minister, H.E. Pierre Gramegna.
Valérie Mantot, Director, SANNE in Asia and Co-Chair of the ALFI Singapore working group said:
“I am honoured to have been appointed as Co-Chair of the ALFI Singapore Working Group. With growing assets under management going hand-in-hand with increasing global regulation, the work of the group in promoting greater cooperation and knowledge sharing will be a valuable resource both locally and in linking European and Asian financial centres to the benefit of our clients active in cross-border asset management.
SANNE has had a long-standing, collaborative relationship with ALFI and I look forward to working with Ching Yng Choi to replicate the success of ALFI in Europe, the Middle East and Asia".