Wednesday, 23 July 2014
Last updated 12 hours ago
Nov 10 2010 | 4:05am ET
Commodity trading adviser Altis Partners has opened its first office outside of Europe in Hong Kong.
The US$1.5 billion firm said the new office will oversee trading in markets in Hong Kong, Singapore, Sydney and Tokyo. It will also serve as a base for attracting investors from the region.
"Having a local presence allows us to improve execution of our existing trading program and develop relationships to research new opportunities," Natasha Reeve-Gray, a co-founder of Altis, said. "For a long time we have wanted to offer more on-the-ground support to our investors in the region, as we are painfully aware that the fly-in, fly-out model does not offer a good basis for a personal relationship. A permanent base in Hong Kong will enable us to show the commitment that we think this region requires."
Altis said it was the first time a Jersey-based hedge fund had opened an office in Hong Kong. The firm also has an office in London, where it was founded in 2000.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…