Holborn partners with Canaccord to launch discretionary service

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Holborn partners with Canaccord to launch discretionary service

Holborn Assets has entered into an exclusive strategic partnership with UK asset managers Canaccord Genuity Wealth Management, to launch a new discretionary portfolio service.

The Dubai-headquartered global financial advisory firm said that the partnership – which is called the Holborn Exchange Discretionary Portfolio Service or HEX-DPS – is designed to combine it’s online aggregation platform and client facing services, with CGWM’s investment management services.

CGWM will design and monitor over 40 model portfolios across 7 regular premium platforms in multiple currencies and risk profiles, covering over 650m of assets, Holborn Assets said.  A further option for lump sum and pension contracts will shortly follow.

Life companies
The HEX-DPS proposition has already been rolled out to all existing Holborn clients and is available to anyone who holds an offshore regular premium contract through the major international life companies.

Riyad Adamou, pictured above, CCO at Holborn Assets said that he was delighted to launch the partnership after “months of hard work” with Simon Parker, COO at Holborn Assets, adding that the deal demonstrates the company’s “intent”.

“2017 was a transformational year for Holborn and I am delighted to say that the momentum has carried through to 2018, as the company continues to make giant strides forward,” said Parker.

Holborn Assets has reported increases in revenue of 57% in 2017 and, as reported, has recently expanded operations into Malaysia, South Africa and Hong Kong with plans to open up further offices this year.