The chief executive of Globaleye Hong Kong, Edward Harris, has joined Holborn and brought with him his five-strong team of financial advisers and support staff.
Harris has been chief executive of Globaleye for four years and is the third former board member to join Holborn Assets in less than a year, following the appointment of Riyad Adamou as chief commercial officer in March 2017 and Scott Balsdon as the UK managing director in April 2017.
Hong Kong growth plans
Globaleye’s clients are mostly made up of high net worth and high income professional expats and will transfer to Holborn.
The Hong Kong operation of Globaleye has $150m (£109m, €123m) of assets under management.
“We’re delighted to begin such an important phase in our development by announcing our move into Hong Kong."
Holborn has opened offices in the heart of the central district and plans to grow the business by recruiting a small number of senior and experienced advisers in the coming months.
Harris said: “Holborn Assets has a great deal to offer advisers and advisory firms. It is an extremely well-run business whose management team includes people who have held senior positions in some of the best-known and most respected corporates in the world.
“This level of expertise, professionalism and experience is reflected in the way Holborn Assets operates, how it invests in the business and its staff, and has a clear long-term strategy for growth in an increasingly regulated and rapidly changing sector.
“Holborn Assets has successfully identified the major pressure points for advisers, such as lead generation, back office support and asset management, and built robust systems to provide high quality support. This makes it a very attractive place to work, and I and my colleagues in Hong Kong are very excited about becoming part of this growing, highly-respected, company.”
Global expansion
Bob Parker (pictured), Holborn Assets’ founder and chief executive, said: “2018 is going to be a transformative year for Holborn Assets. We will be expanding our global footprint significantly and making a series of major strategic announcements.
“We’re delighted to begin such an important phase in our development by announcing our move into Hong Kong and welcoming Edward and his team.”
See page two for Globaleye founder Tim Searle’s response to the deal.
