An Asian firm covering sectors including wealth management has signed a strategic partnership that expands its international coverage.

Hong Kong-based Sun Hung Kai Financial, a firm operating in sectors including wealth management, has expanded its international reach via a strategic pact with North Square Blue Oak, a brokerage and research house operating from Beijing and London.

The agreement will include sharing offices, co-branding research, exchanging staff and referring clients, according to a statement from SHKF. 

SHKF, which was originally formed in 1969, is 70 per cent owned by Everbright Securities Company. It has two core business segments: wealth management and brokerage, and capital markets. It offers customised wealth management and investment solutions for retail, corporate and institutional clients. 

The firm operates in Hong Kong, Macau and mainland China and has around HK$100 billion ($12.9 billion) of assets under management, custody/advice. North Square Blue Oak, meanwhile, was formed in 2003.