HONG KONG -- Burton Financial Partners' today announced it has agreed to team up with an asset management company in India.
Burton Financial Partners' transaction is expected to close later in the year, subject to regulatory approvals. The terms of the transaction were not disclosed.
Burton Financial Partners' already has an experienced team of three based in Mumbai, headed by Mr. Samir Pipalia, Head of Sub-Continent Division. The team currently provides research for offshore funds including Indian equities and BRIC equities.
Burton Financial Partners' Director of Communications, Mr. Robert Stone said: "India is one of the world's largest growth markets and a strategic priority for our firm. The acquisition illustrates our commitment to expand in India and we look forward to working closely to accelerate the growth of the business. We are also pleased the strong expertise that Samir and his team have established".
Burton Financial Partners' Director of Operations, Mr. Stephen Whitehead said: "As index and ETF product demand continues to grow significantly in India, Burton Financial Partners' expertise and global platform will provide us the opportunity to grow further and enhance our offering for our clients here at Burton Financial Partners'."
Burton Financial Partners' has expanded into a leading global firm with a foothold in 18 different countries across the world. With a primary focus on the markets of Asia and Europe, Burton Financial Partners employs over 100 people and has responsibility for over $1 billion of assets under its management.
Burton Financial Partners' global reach means that clients benefit from extensive company resources and specialist market knowledge. The firm's industry-leading position as an expanding global concern with unrivalled access to every geographical market and trading in the world's leading currencies provides clients with a unique opportunity for investment in the world's markets.
At our global headquarters in Hong Kong, Burton Financial Partners' has brought together an elite team of investment specialists with the necessary skills and experience gained from working in global finance, and who pride themselves on establishing individual client needs and working towards successfully realising their financial goals.
Clients choose Burton Financial Partners' with confidence and form trusted relationships with our experienced team of investment specialists over the length of investment. Clients are reassured by Burton Financial Partners' renowned ability to expertly work the market to produce quality returns, especially during less favourable conditions, which has awarded Burton Financial Partners' with an enviable reputation in the field of private wealth management.