Wednesday, 26 November 2014
Last updated 10 hours ago
Nov 8 2007 | 11:02am ET
Parker Global Strategies is expanding its footprint to the east and south of its Stamford, Conn., headquarters: Last month, the firm opened offices in Tokyo and São Paulo, Brazil.
Akira Adachi, formerly a representative director at Fortis Prime Fund Solutions, has been named as chief representative for PGS’ new Tokyo office. He will be primarily involved in liaising with the firm’s client base in Japan and reports to Michael Parker, president of the firm.
“Japan has always been an important region for us and we continue to grow our activities there,” said Virginia Parker, PGS founder. “Akira’s presence on the ground will greatly add to our service capabilities.”
The firm’s emerging market expansion in South America will be headed from São Paulo with John Taylor joining as a managing director. Taylor, who founded hedge fund and private equity advisory firm Bossa Nova Investments, will be responsible for identifying emerging managers throughout South America.
“We are very bullish about the growing opportunities in emerging markets,” said Parker. “With a footprint in Brazil, we have an edge in identifying promising investment opportunities and the managers who can execute them.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...