Wed, Feb 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

More hedge funds and family offices set up satellite offices in Miami

Wednesday, January 08, 2014

amb
Julie Neitzel
Komfie Manalo, Opalesque Asia:

The proximity of Miami, FL, to Latin America, attract hedge fund managers and family offices to set up satellite offices in the city, said Julie Neitzel, a partner at Wealth Enterprise Family Offices at the recent Opalesque Florida Roundtable. Miami is also a gateway to the Caribbean offshore financial centers, and the upgraded airport with new direct global connections makes international travel easier.

"There are satellite offices here from both U.S. based or offshore managers," Nietzel said and added, "The purpose of these offices generally is to access the Latin American capital markets and/or to oversee their U.S. based assets through these secondary offices. It appears there are a number of these types of operations in the Miami market."

Andrew H. Jacobus, President and CIO of investment advisory group FINSER International Group said that Miami is an easier place for fund managers and investors to come and do business with either investment advisors or fund managers.

He said, "This airport here is pretty outstanding, actually I just came back from New York, where LaGuardia or JFK are 100 years old airports and in dire need of a facelift. We have plenty of direct flights to places like Colombia or Venezue......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio