Fund of hedge funds FRM has transferred marketing VP Lindsay Jones from London to its Sydney office.

In this new role, she will continue to be responsible for the Asia ex-Japan client base, but will also assume a client servicing role in Australia. FRMÆs Australian office has already been operating for five years.

She will report locally to Derek Goodyer, director for Australian-related business and Mark Reinisch, director and head of marketing, who is based in London. FRM has dispatched Jones to Australia in order to bolster its resources in the Asian region. At this stage, there are no plans to hire more for the Aussie marketing wing.

FRM opened its office in Japan in 2000, and it says that it definitely believes that it will open another office in Asia at some point, though it hasn't decided yet whether that will be in Hong Kong or Singapore.

FRM is a leading global fund of hedge funds, with assets-under-management of $12 billion, of which approximately 40% comes from the Asian region. Investors include large institutional funds, trust banks and private banking groups.