Phelps Capital announces employees can use Uber under Corporate Travel Policy
Phelps Capital announced today that Uber rides can now be expensed by employees through its corporate travel policy. As one of many companies adopt Uber as a reimbursable travel expense, Phelps Capital is helping to ease the transportation needs of its employees in Uber cities around the world and more importantly, in the Asia Pacific region.
- (1888PressRelease) April 23, 2015 - Phelps Capital's Chief Operating Officer, Mr. Tristan Tsang commented on the announcement saying "Employees expressed their strong affinity for the convenience Uber offers them in their personal lives and wanted that flexibility for their business travel needs as well," said Tsang. "As we serve our clients around the world, ease of transport is essential for all of our employees, so allowing a more broad use of Uber makes strong business sense."
Phelps Capital's Chief Financial Officer, Mr. Yoshi Sato also added "In this day and age, it makes financial sense to use a forward-thinking company like Uber, a recognized leader in their field. We are excited to provide Phelps Capital employees with a safe, affordable and convenient ride and to address their business travel needs in cities around the world, especially in Hong Kong."
Phelps Capital Management was founded in Tokyo in 1995 providing investment management services for clients ranging from sovereign wealth funds to private investors. The company acquired several boutique brokerages, asset management and equity trading firms throughout the Asia-Pacific region during the last 20 years.
Deng, Matheson & Goh Investment Partners, known as DMG Investment, was founded in Hong Kong in 1988 with an initial focus on providing services to institutional clients within the territory. The company achieved considerable success and an outstanding reputation, to become a leading asset management firm with offices throughout the Asia-Pacific region.
In 2015, Phelps Capital Management merged with DMG Investment to become Phelps Capital.
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