A UK-based firm that has expanded into the continent of Europe in recent years has switched its attention westward - and won clearance to offer services to US investors.

Kames Capital, the UK-based firm, is entering the US market for the first time, beginning by opening two of its global equity strategies to US clients.

After winning approval from the Securities and Exchange Commission, the US regulator, Kames said it will initially offer US investors access to two of its global equity strategies, the Kames Global Equity Income strategy and the Kames Global Sustainable Equity strategy. These will potentially be followed by a number of other strategies which the firm has identified as having strong demand from investors in this market, it said in a statement yesterday. 

The expansion follows moves to push into continental Europe. Kames is now active in 16 nations and territories in Europe. 

The US is also part of a wider strategy by Aegon Asset Management, the global investment management brand of Aegon, and Kames’ sister firm, to offer some of its most successful products, strategies and services to help meet the needs of investors globally. Sales and marketing support will be provided by Kames Capital’s Aegon Asset Management affiliate in the US.