The firm launched earlier this year after Barclays Wealth and Investment Management – a unit of Barclays bank – sold a majority share in the company although it still retains a 19.9% stake.
In a statement released on Tuesday, Zedra said the new office will “address the growing and increasingly diverse wealth management needs of clients in Hong Kong, mainland China and across Asia”.
The trust business also confirmed that managing director John Ashwood will head up the new office, supported by executive director Mandy Cheng and hopes to add to its existing Asia-Pacific team currently operating from Singapore.
Niels Nielsen, chief executive of Zedra, said: “Building our operations in Hong Kong represents the next phase of our ambitious expansion plans for the company, building on the strong momentum we have maintained during the first quarter of 2016.”
