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Hedge fund consulting firm GFIA launches wealth management service

Monday, January 04, 2010
Opalesque Industry Updates - Asia's longest established hedge fund consulting firm has announced today the addition of a new wealth management service to its offerings.

According to a press release sent to Opalesque, the offering is designed to offer client-specific services to pools of private wealth. GFIA will act as fiduciary agent, providing (among other things) initial structuring, cash management, portfolio investment and deal/acquisition due diligence. Initially the firm will provide services for one substantial family, which will also take a stake in GFIA's holding company.

Peter Douglas, CAIA, FICP, principal and founder of GFIA commented the move saying “It’s always frustrated me that non-professional investors find it incredibly difficult to get genuinely unbiased advice – too often they’re just seen as the feeder to a distribution channel. We now have the opportunity to provide just that unbiased advice and management. Furthermore this expansion of our business provides a stable base from which to develop our current professional advisory and discretionary activities.”

Established in 1998, GFIA is a Singapore-based consulting firm and the longest-established hedge fund consultant in Asia. The firm is one of the world’s most experienced researchers of, and allocators to, skill-based managers investing in emerging and Asian markets. Corporate website: www.gfia.com.sg

- FG

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