Maple-Brown Abbott looks to expand its Asian business

Maple-Brown Abbott, the closely held fund manager, wants to boost the amount of its Asian funds under management from the current $1 billion.

“We could be a fair bit larger,” says Garth Rossler, Maple-Brown’s managing director. “We see growth there.”

The firm had $11.5 billion in funds under management as of June. Existing investors in Maple-Brown’s Asian funds from Europe and the Middle East may be complemented by new money from Australian and Asian investors, says Rossler.

“Australian superannuation funds are beginning to become a bit more regional,” he says.

Maple-Brown employs about 40 people, including 16 analysts and seven portfolio managers.

Rossler is also the firm’s chief investment officer.

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