Kenmar opens Singapore office to capitalise on Asia hedge fund growth

‘Throughout its 25-year history, Kenmar has adhered to the premise that intelligent investments in alternative strategies can produce substantial returns without undue risks,’ say Marc Goodman and Ken Shewer, the firm’s joint chief executives and chief investment officers since its launch.

‘Doing so, however, requires extensive market and trading experience and skilled management. This expertise remains the foundation of Kenmar’s value to its clients and will be further enhanced by our extended global reach.

‘Given the rapid growth of hedge fund managers and clients in the Asia region, we feel it is imperative to have a presence on the ground here. McLeod’s experience in both manager due diligence and business development will be a tremendous advantage.’

Says McLeod: ‘The hedge fund and fund of funds business has been redefined by the current market conditions. Investors will demand new, creative investment solutions. Kenmar’s long track record, combined with experience in finding innovative solutions, will make us an attractive choice for investors going forward.’

McLeod has spent the past five years at ABN Amro in Hong Kong and Singapore, initially in asset management, where he was responsible for allocating proprietary capital and analysing alternative investments, and more recently in the private bank, where he was responsible for sourcing, due diligence and distribution of alternative products. He started his career at UBS in foreign exchange and capital markets in Sydney and Singapore.

Founded in 1983, Kenmar specialises in constructing and managing alternative investments for clients including investment managers, government institutions, pension schemes, US and international brokerage firms, private banks, family offices and private investors. The firm, which also has an office in Richmond, Virginia, employs 52 professionals.