Investments

Barings Expands Asia Pacific Operations to Singapore

Barings, one of the world’s leading investment managers, has announced that it will open an office in Singapore, expanding its operations in Asia Pacific on the back of strong regional growth.

The country operations, which will serve as a hub for Southeast Asia investment opportunities, will be led by SooHai Lim, Managing Director and Head of Asia Equities ex-China, who will relocate to Singapore, Barings said in a press release.

Mike Freno, Chairman and CEO, Barings, said: “Asia Pacific is an important growth engine for Barings and a full presence in Singapore will serve as an important gateway to additional Southeast Asia investment opportunities to help us better serve our existing clients, and build new client relationships.”

SooHai Lim, Managing Director and Head of Asia Equities ex-China, Barings, said: “I am excited to be leading the establishment of our new Southeast Asia hub in Singapore. The office will provide us more direct access to Singapore banking institutions and institutional investors, as well as highly skilled local talent. Importantly, it enhances our investment research by putting us closer to the companies that we invest in across our funds.”

Initially there will be four investment professionals and three non-investment professionals with plans to expand in the coming years, reports the firm.

Duncan Robertson, Head of Asia Pacific and Head of Global Business Development, Barings, said: “We are incredibly excited about writing a new chapter in the region with the opening of our Singapore office which will serve as a hub for our Southeast Asian business. Having one of our key regional investment teams located in Singapore will enhance our level of interaction and engagement with the local investor community. This will provide a strong foundation for continued growth in the region.”