European asset managers Natixis and Amundi make push into Hong Kong

Global asset managers Natixis and Amundi, two of the world's top 15 fund houses by assets, are set to expand in Hong Kong, hiring more professionals as more hot money flows into the city.

Paris-headquartered Natixis Global Asset Management opened an office in Hong Kong last week, mainly to deal with sales of its wealth management products. The firm has high hopes for the new office, which may have the potential to catch up with its Japan unit.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1078222/european-asset-managers-natixis-and-amundi-make