In a subsequent statement, Globaleye chairman Tim Searle told International Adviser that the impact of new regulations and the high cost of operating in Hong Kong prompted international advice firm Globaleye to make the strategic decision last year that its local operation had no “viable future”.
Holborn Assets was founded in 1998 and has more than 400 employees worldwide. Its corporate headquarters are in Dubai and it has offices throughout the Middle East, Europe and Asia, including Malaysia, which opened in October 2017, and now Hong Kong.
It has more than $1bn in assets under management and administration.
