MainstreamBPO plans Hong Kong presence

MainstreamBPO, an Australian fund administration firm, plans to expand its nascent Asian presence from Singapore to Hong Kong by the end of this year. Founder and chief operating officer Martin Smith sees increasing interest from fund houses in setting up an Asian presence in the two cities, banking on fast-growing Asian economies both in Southeast Asia and Greater China. In Hong Kong, Smith says the firm sees demand from at least three offshore managers that already have a pres…