Altis Partners opens Hong Kong office
Altis Partners, an independent commodity trading adviser, has opened its Hong Kong office, Altis Partners (Asia).
This is the company’s first office outside Europe.
Altis is the first Jersey-based hedge fund manager to open an office in Hong Kong.
“This is excellent news for Jersey,” says Zhaoan Li, head of Greater China business development for Jersey Finance. “Since the establishment of Jersey Finance’s Hong Kong office a year ago, we have been tirelessly promoting Jersey’s finance industry in Hong Kong and China. Altis Partners’ new office demonstrates a growing tie between Hong Kong and Jersey, and strong demand for Jersey’s financial products and services.”
Altis Partners trades more than 160 exchange-traded futures markets globally, including many markets within Asia Pacific, using a proprietary trading system. The Altis trading system makes automated trading decisions based on forecasting and risk management techniques.
A key function of Altis Partners (Asia) will be to oversee trading operations across the markets of the Asia Pacific region. Hong Kong staff will supervise trading in Sydney, Tokyo, Seoul, Hong Kong and Singapore markets.
“This is an great time for Altis to open an office in Hong Kong,” says Robin Duxfield, chief executive of Altis Partners (Asia). “Many Asia Pacific economies are growing strongly, with increased volume and liquidity in their futures markets. Having a local presence allows us to improve execution of our existing trading programme and develop relationships to research new opportunities.”
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