Crédit Lyonnais set to offer Asia-Pacific prime brokerage

NEWS

HONG KONG -- CLSA, the emerging markets arm of French bank Crédit Lyonnais, plans to offer prime brokerage services in the Asia-Pacific region to cater for an anticipated growth of the hedge fund market in the region, according to Sheldon Lee, Crédit Lyonnais head of hedge fund sales in Hong Kong.

Potential

"In the last two to three years, most of the hedge fund growth has been in Europe and the US, but now you are seeing the start of growth in Asia," said Lee.

Crédit Lyonnais is looking at o

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