Fimat has seen its European and American prime brokering business grow rapidly over the past 12 months and is now considering whether to extend it into the Asia-Pacific region, says Patrice Blanc, Paris-based chairman.
Before the firm can dive into that business, however, it needs to have the right people with the necessary relationships in place. Blanc says this week the executive committee of the group began considering how to go about it.
Wessel van der Scheer, managing director for Asia Pacific in Sydney, says the firm's experience servicing hedge funds in Europe has demonstrated it has the operational capability. In this region, it has a processing centre for its mainstream...
