German Index provider Solactive AG has just announced that, in addition to the successful establishment of its Toronto office in January 2018, the company has now set up its second international business entity in Hong Kong.
The new office houses a dedicated team of professionals who provides customized indexing solutions for ETFs and other index-linked investment products as well as ETF services such as calculation of the Indicative Optimized Portfolio Value (IOPV) and creation of the Portfolio Composition File (PCF).
Operating from Toronto, Frankfurt, and Hong Kong, Solactive is now able to provide its services across all time zones. This step also denotes an opportunity to further establish long-term partnerships with local clients and strengthen the footprint in the Asia-Pacific region.
Steffen Scheuble, CEO at Solactive, commented:
This is an exciting time for Solactive. The opening of our new entity in Hong Kong marks a huge milestone for the company since we are now able to provide 24-hours-service for our clients, making us one of the few globally operating index providers with a multi-asset offering.