Granada Capital Announces Joint Venture Plans in China
HONG KONG -- Granada Capital today announced that it has received approval from the China Securities Regulatory Commission to establish a joint venture in China.
Online, June 4, 2014 (Newswire.com) - Granada Capital, through the new entity, for the first time, will be able to offer a wide range of investment services to domestic mainland China clients. The new joint venture will be in partnership with a recently established domestic securities firm.
Granada Capital will have a securities license allowing it to conduct, among other things, brokering and trading in 'A' shares and 'A' share convertible bonds.
Granada Capital, are expected to underwrite locally listed 'A' share transactions and RMB-denominated corporate bonds and convertible bonds, as well as offer domestic financial advisory and other services.
Granada Capital's Chief Investment Officer, Mr. Frank Patterson commented on the announcement, saying "China has, for many years, been of great strategic importance to our firm. With this ground breaking joint venture, we are entering into an exciting new chapter for Granada Capital in China. Together with our partners, we are looking forward to building the leading offshore investment firm in the Asia Pacific Region."
Granada Capital is a wealth and investment management firm based in Hong Kong, offering customizable services to our clients throughout the world. Our dedicated investment professionals boast more than 250 years of combined experience to help you and your family to achieve your financial goals.
Though we provide our clients with global market access, our home is in Asia and we are well placed to help our clients, wherever they may be based, to capitalize on the outstanding growth opportunities presented by the region.
Granada Capital offers brokerage, investment services, wealth management solutions and fiduciary services to independent advisors and asset managers throughout the world. We are a leading wealth manager in the Asia-Pacific region and with our global partners provide expert financial services to clients throughout the world, customized to their specific situation, tolerances, goals, investment philosophy and jurisdiction.