Fixed Income specialist expands to Europe

fixed-income/expansion/launch/FIIG-Securities/

4 April 2018
| By Oksana Patron |
image
image
expand image

Australian fixed income specialist, FIIG Securities, has announced global expansion with its new European subsidiary, FIIG International based in Malta, which will allow the group to operate its business across all 28 of the European Union (EU) member nations.

The firm said that the time zone was also expected to bring efficiencies in accessing the US credit markets which would help expand fixed income investment options for Australian investors.

The new subsidiary would be headed by Peter Sorensen, a senior global financial markets executive with over three decades of experience across global financial services businesses.

FIIG Securities’ managing director, Jim Stening said that the announcement was a direct result of the demand the company experienced in Australia for global fixed income investments.

“The European subsidiary will not only allow us to more effectively reach our counterparties based in Europe, the UK and the US, but also provides us with the opportunity to introduce foreign investors to the emerging Australian corporate bond market,” he said.

“We have experienced strong growth servicing our investor market in Australia and this European presence is a natural progression of this growth and is the initial stage in establishing a global footprint for the group.”

FIIG International would provide services, in accordance with its financial services license, for FIIG Securities, primarily to EU and US based professional clients and eligible counterparties.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 6 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND