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Coventry Enters Hong Kong

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A life settlement provider hopes to sell more longevity-based investments to institutional investors in the Asia-Pacific region.

An affiliate of Coventry Group Inc., Fort Washington, Pa., has established Coventry Capital HK Ltd. in Hong Kong.

Coventry has hired Charles Wong to run the affiliate. Wong previously worked in Hong Kong as a managing director and head of structured investment derivatives marketing for the Asia markets at a unit of J.P. Morgan Chase & Company, New York.