Germany-based Universal Investment Group has expanded into the Asia-Pacific region with the opening of its first office in Singapore. The move aims to strengthen its presence as a third-party management company and fund services provider, particularly in the real estate market. Bjoern Beck will lead the Singapore operations, focusing on international growth and client service. The office will also serve as a gateway for APAC asset managers and institutional investors entering the European market, offering a range of services and distribution support through its DACH network. CEO Francesca McDonagh sees this expansion as a significant milestone in the company’s global ambitions, with CFO Hilton Hess recently appointed to further drive growth.

Read more at Yahoo Finance: Universal Investment opens new office in Singapore