STOXX opens office in Hong Kong

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of  tradable index concepts, has expanded its presence in Asia Pacific with the opening of a new office in Hong Kong.

To drive the company’s expansion across key Asian markets, STOXX appointed Jay Lin as Sales Director for Greater China. Jay was formerly with JP Morgan Asset Management in Taiwan. This addition to STOXX’s team reflects the expansion plans of the index provider and the continuous growth of the Asia Pacific region.

“We are very pleased to have Jay join our team. Our presence in Hong Kong brings us closer to our local clients, especially in Greater China, and will help us service them more effectively,” said Matteo Andreetto, chief executive officer, STOXX. “With a product offering spanning the best-known and most widely-used indices for Europe, as well as an innovative suite of global smart-beta indices, STOXX is well positioned to offer market participants in Asia a superior choice of index concepts.”