Far East holds appeal for IAG

Wednesday 27th October 2010, 2:30PM BST.

Chief financial officer Mark Woodall, left, and managing director Raymond Page of International Administration Group, which has opened an office in Hong Kong.  (Picture by Adrian Miller, 1042596)

Chief financial officer Mark Woodall, left, and managing director Raymond Page of International Administration Group, which has opened an office in Hong Kong. (Picture by Adrian Miller, 1042596)

A GUERNSEY fund administrator has opened an office in Hong Kong to take advantage of the growing market in Asia.

International Administration Group’s office opened earlier this month.

Managing director Raymond Page said Hong Kong was ideally placed to tap into the growing markets in China.

‘There is a lot of cash for investment and opportunity for private enterprise. Chinese markets are opening up all the time.’

He said that Hong Kong’s economy had already recovered from the global economic downturn, which made it an attractive place to do business.

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