Castlestone Management has expanded its presence in Asia by opening its first office in Singapore.
The New York-based investment specialist, known for its alternative investments such as the Aliquot suite of commodity funds, has appointed Alexander Traub as director of business development in South East Asia.
Traub worked in financial services in Asia for seven years, initially with a regional brokerage, serving private clients in Hong Kong and then Shanghai.
Thereafter he set up a wealth advisory firm focusing on medium to high net worth private clients and operating out of Europe and the Far East.
Castlestone has representatives in the UK, Europe, Hong Kong, Dubai, South Africa and South America and manages approximately $1bn of assets overall.
It offers funds structured around assets including gold bullion, precious metals, commodity and stock indices, currencies, hedge funds, property and art.
£300bn of liabilities
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Appointed by FCA and PSR boards