Australian investment management firm IFM Investors has launched a new office in Seoul, South Korea.

Through the new office, the firm aims to collaborate with Korean clients, mainly those who look to diversify investments offshore across infrastructure debt and equity asset classes.

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IFM Investors CEO Brett Himbury said: “For our existing investors the opening of the Korean office, alongside our presence in Hong Kong and Japan, will further broaden and deepen our client relations across the Asian region. It will provide the ability to pool client mandates in a deliberate and disciplined way, opening further investment opportunities for all clients globally and for IFM to negotiate better terms on deals on behalf of our investors.”

The new office is the firm’s eighth across the globe, with its other overseas offices located in New York, London, Berlin, Tokyo and Hong Kong.

In addition, the firm also appointed Kelly Ki Jeong Lee as the new client relationship director.

“Her appointment further illustrates IFM Investors commitment to the region in servicing clients’ needs, in addition to positioning the firm as a leading institutional fund management business for professionals to further and enhance their careers,” Himbury noted.