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Pell Futures Bolsters High Net Worth Offering in Asia, Australia

Vanessa Doctor

6 December 2009

Pell Futures, the Hong Kong-based wealth management and brokerage firm, has announced the hiring of a team of 4 investments experts to serve its high net worth clients in Australia and New Zealand.

In a statement issued 3 December, the company said that the team is crucial to its plans of expanding in the Australian and New Zealand market. The announcement did not reveal the names of the new hires but said they will be based in Singapore.

Pell Futures provides investment and private banking services to ultra-high net worth individuals, families and institutions in Asia, Europe, and North America.

Pell for the past months has been aggressively moving towards expanding its network in the Asian region. On Friday (5 December), the company declared having successfully raised over $85 million in capital from qualified high net worth investors, exceeding its initial $80 million target.