Austrian managed futures firm, Superfund, has announced the closure of its Singapore office as the firm looks to consolidate its Asia presence.
Austrian managed futures firm, Superfund, has announced the closure of its Singapore office as the firm looks to consolidate its Asia presence. Superfund Financial Managing Director, Aaron Smith, told Hedgeweek by phone interview that the company wants to concentrate its operations in Hong Kong where it services its clients. “Singapore was primarily just for sales and it become redundant,” explains Smith. “Its mandate was to explore opportunities in India, and since we’ve now opened an office in Mumbai, leaving Singapore was a strategic decision.”
