Japan-based MUFG Investor Services – a division of bank giant Mitsubishi UFJ Financial Group – announces that it will open an operational centre in Malaysian capital Kuala Lumpur, providing “the full range of fund accounting, administration and asset services”.

The news was recently lined out in a press release, emphasising the weight of MUFG Investor Services as a global solutions provider in the area of alternative investments. The new centre should support the division’s clients “in Asia and across the firm’s 16 locations”, though the press release does not reveal any operational measures around the new Malaysian office. 

To head the Malaysian activities, MUFG has recruited Puneet Gupta, previously responsible for the Asia-Pacific region at Kimberly Clark.