Bringing you live news and features since 2006 

Handshake 2

City Financial appoints Philip Kay as head of Asia


City Financial Investment Company, the London-based independent investment manager, has appointed Philip Kay as head of Asia, a newly created role.

Based in London, Kay will be responsible for overseeing City Financial’s operations in Asia, where the firm has been active since 2010.
Kay has over 17 years’ experience running large global equity platforms in the Asian markets. He previously worked at Credit Suisse First Boston (CSFB) as head of the Japanese global cash equity division and before that was head of Asia at Schroder Securities and Smith New Court.
Kay joined City Financial in 2012 as portfolio manager of the offshore non-retail Japanese equity funds, Akamatsu Fund and Akamatsu Bonsai Fund, which he will continue to manage.
As part of its continuing expansion in the region, the firm is launching a Japanese equity UCITS fund, the City Financial Japanese Opportunities Fund, on 16 December 2013. The fund will be managed by City Financial manager Peter Nicholas, who has over 25 years’ experience managing Japanese equity funds, including eight years working in Tokyo.
Kay’s appointment follows the recent hire of Geoffrey Barker and his team to manage City Financial’s new Asian macro fund, to be launched in Q1 2014. This will be a joint venture with City Financial Investment Company (Hong Kong) Limited, managed from their offices at 8 Queen’s Road Central in Hong Kong.
Andrew Williams, chief executive of City Financial, says: “With Philip’s extensive knowledge of the Asian markets, we felt this was a natural progression of his role at City Financial as we continue to expand our Asia proposition. The launch of the Japanese Opportunities fund in addition to the Asian macro fund reinforces our commitment to the region and to providing the best investment opportunities for our clients.”
Kay says: “I look forward to working closely with Geoffrey Barker and Peter Nicholas, both of whom I have had a professional relationship with for over 20 years, and to supporting City Financial’s strategy for robust growth in the region.”

Latest News

Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..
MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by