BTIG Expands Outsource Trading To Asia

Aug 16 2011 | 1:19pm ET

BTIG, a broker-dealer specializing in servicing the alternative investments industry, has opened an outsource trading desk in Hong Kong.

The new service extends BTIG's outsource trading service to Asia, and follows the establishment of a similar desk in Sydney, Australia, last year. The new effort is headed by executive director Trevor Harrison.

"We believe much of the growth in the Asia-based outsource trading service will come from new manager launches," Harrison said. "New managers will choose outsource trading as an interim solution until their assets under management support hiring a bigger team. We also expect that existing fund managers will add BTIG as an extension of their internal dealing desk or as a substitute for employing one in-house."

Jesse Lentchner, BTIG Chief Executive Officer for Asia Pacific, added, “BTIG understands the challenges facing fund managers who want to execute their global strategies and grow their managed assets without having to build out a dedicated in-house trading desk. BTIG’s Outsource Trading Desk provides these managers not only with a valuable service, but also with instant trading expertise.”

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…