Smith Bockius Signs MOU to Acquire a Junior Asset Management Company

Smith Bockius, a private asset management company engaging a multi-platform market strategy, with a unique approach that utilizes comprehensive financial planning processes and provides forward-thinking solutions to high net-worth individuals, corporations, institutional clients and non-profit organizations, is pleased to announce that the firm has signed a Memorandum of Understanding (MOU) with a small investment firm located in Hong Kong. The junior company also specializes in designing alternative investment funds and products that offer above industry-average returns.

Smith Bockius, as one of the leaders in the asset management industry, is constantly pursuing to increase its business capabilities in order to better serve its global family of clients. The firm offers services in all major asset classes and has a variety of financial products and investment vehicles that are uniquely designed by its in-house portfolio experts.

One of the company’s main focuses is business expansion through new office location openings and partnerships. The latest development regarding this strategy is marked by the desire of Smith Bockius to have a physical presence in Hong Kong, one of the internationally recognized financial hubs of the world.

“What has attracted us most in signing up for this new acquisition is the investment team and staff currently working for our junior partner. Beyond the normal spectrum of financial services that such a company is expected to offer, they are specialized in creating alternative investment funds. This is a great feature and, for us, a decisive factor in this new collaboration”, says Mr. Joshua Li, Chairman and Chief Executive Officer of Smith Bockius.

The junior firm’s Executives and investment experts have thus far created and operated five category 2 alternative investment funds. The category 2 funds are allowed to invest anywhere in any combination, however, with full restriction on taking debt related products, except for day-to-day operation purposes. Their products include private equity funds and fixed income securities funds.

Smith Bockius is currently awaiting final approvals from the local market regulating authorities, therefore, the name of the new junior partner will be officially announced at a later date, when the legal process is complete.

About Smith Bockius

Smith Bockius is a private investment company providing reliable and forward-thinking solutions for our clients’ most significant financial decisions. Fundamental to Smith Bockius’ mission to enhance our clients’ financial resources is a client-centric approach to investment management. Our dedicated relationship management team of seasoned professionals offers the highest quality products, services, advice, and sustainable value, ensuring our customers receive excellent solutions to meet the unique needs of high net-worth individuals, corporations, institutional clients and non-profit organizations among others. Our commitment to providing excellent service solutions and our strong sense of social responsibility have earned us numerous accolades and industry recognition.

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