Specialist prime broker Invast Global has announced the opening of a new Hong Kong office. “Hong Kong is a hotbed of start-up and emerging hedge funds and brokerages,” said Invast Global CEO Gavin White. “We believe this dynamic and exciting market strongly complements our trademark, responsive and high-tech approach and we look forward to giving Hong Kong’s innovative businesses an alternative to the traditional bank-based prime broker service offerings.” The new firm, Invast Global (Hong Kong) Ltd, will concentrate on Asia-focused institutional clients using a comprehensive array of Securities and Futures Commission licence types to provide an alternative to the traditional bank-based prime services offerings.
“Our service is about providing efficient, cost-effective connectivity to liquidity and execution venues, combined with data and analysis,” said Invast Global (Hong Kong) CEO Marcus Fung. “Finding the best and most appropriate liquidity, designing the best execution techniques, providing the most efficient, most bespoke and responsive ancillary services – without proper analysis and advice on these factors, our clients risk slipping behind. This is a real threat to small, medium and emerging firms, and it is one we are focused on solving for our clients,” he added.