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Financial Advisory House Buys Hong Kong Business

The Dubai-based acquirer is pushing into the Asian wealth management market.
Holborn Assets, an international financial advisory firm based out of Dubai, has bought Globaleye Hong Kong.
The group will acquire the $150 million of assets under management that Globaleye Hong Kong holds, Holborn Assets’ website stated. The firm also brings over Globaleye’s high net worth expat clients.
Edward Harris, chief executive of Globaleye Hong Kong, and his team of five financial advisors, will join Holborn Assets at its new offices in Central Hong Kong.
The report did not disclose the purchase price.
This publication has contacted Holborn Assets for further details.