Limassol headquartered Just Fair & Direct (JFD) Group, which provides services in electronic trading, prime brokerage and wealth management, has opened an office in Sophia-Antipolis near the city of Cannes in France.
JFD France will focus on expanding the European client base, as well as boosting JFD Wealth’s offering notably by qualifying and addressing emerging asset managers (CTAs) and further developing its network of independent financial advisors (IFAs).
The firm, which is owned by Cyril Tabet (Partner & CEO) and Lars Gottwik (Partner & COO), has announced it will provide a kick-starter package to emerging asset managers.
This package would include “FCA-based Portfolio Management umbrella licenses, ultra-low trading costs execution-only services, multi-account trading tools (PMS), as well as cost-effective access to an array of financial vehicles ranging from managed accounts, German and Swiss listed certificates and ETFs, to Luxembourg listed alternative investment funds.”
JFD will also provide EU licensed IFAs with bespoke portfolio management plans aiming to fit their client’s specific requirements: size of investment, access to funds, risk appetite, investment goals, and achievable targets, with a focus on absolute return Quants/HFT and capital-safe structured products.
In addition, emerging asset managers will have access to JFD’s proprietary online and offline distribution network composed of over 350 EU licensed IFAs spread across France, Germany, the UK and Ireland.
Adrien Nejkovic, who has been appointed managing director of JFD France and JFD Wealth, said : “Highly specialised asset management institutions are surely seeking for new assets and capable of managing these, yet they remain very exclusive and do not have the capacity to distribute to and support mass markets, while independent financial advisors benefit from unmatched client proximity but are often less versatile than private banks and address relatively restricted client bases.
“JFD represents one of the most efficient and well-rounded solutions with respect to overcoming such limitations.”