UCITS fund provider Aquila Capital has opened its first office in Asia. The new office in Singapore will be a centre point for Aquila in Asian markets, with a view to strengthening its presence throughout the region.
Aquila has five funds on the Absolute UCITS database and its Alceda platform has two externally managed sub-funds from London-based Tideway Investment Partners and New York-based Ed Capital Management.
The Singapore office will be led by Chum Yong Quah, director of wholesale at the firm. Prior to joining Aquila, Quah worked for Fidelity as head of private banking and south-east Asia