Hedge Fund Consulting Firm Enters Wealth Management Space

Jan 4 2010 | 7:48am ET

Asian hedge fund consulting firm GFIA has added a new wealth management service to its offerings.

The wealth management service is targeted at sophisticated pools of private wealth. It is designed to offer a holistic, client-specific service.

According to a statement from the firm, “GFIA’s advantage lies in its deep understanding of the investment and financial world, couple with its reputation as an ethical fiduciary.”

The firm will act as a fiduciary agent, working on clients’ behalf, from initial structuring, through cash management, portfolio investment (in both liquid and illiquid assets), deal/acquisition due diligence, and philanthropy, managing external service providers on behalf of clients, as necessary.

The new unit’s first client is a wealthy family, which will also take an equity stake in GFIA’s holding company. GFIA will establish and manage the family office.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of