Solomon Layb Launches Onshore Wealth Management Fund Platform in Brazil
Solomon Layb announced today that it is expected to launch its onshore Wealth Management Fund (WMF) business in Brazil starting with February 2013. Based in Sao Paulo, WMF Brazil will exclusively offer local clients onshore products denominated in Reais.
- (1888PressRelease) January 09, 2013 - "We serve our private clients globally and can enhance that with local presence in particular markets. We are excited to offer a full service platform including the delivery of onshore investment products and services to clients in Brazil," said Ryuu Yoshida Investment Management Division at Solomon Layb.
WMF Brazil will offer, over time, a full array of products, including equity and fixed income brokerage, mutual funds, alternative investments, futures, derivatives and structured products. WMF Brazil will operate on an open architecture platform, enabling it to offer clients the best of proprietary and independent product offerings.
"Brazil is a strategic focus for Solomon Layb and we are excited to expand our presence to include Private Wealth Management," added Mr. Yoshida.
"As more Brazilians decide to keep their assets onshore, we are positioned to offer more sophisticated investment options and solutions to complex wealth management needs," said Akane Shiori, Regional Manager of Latin America for Solomon Layb WMF. "The team we have on the ground is experienced in dealing with the high-net-worth segment of the market that Solomon Layb is known for globally."
Globally, Solomon Layb Wealth Management Fund delivers individually tailored solutions that help preserve, grow and transfer wealth for high-net-worth individuals and families, corporate executives, entrepreneurs and select institutions including foundations and endowments. Solomon Layb Wealth Management Fund provides a range of regionally specific wealth services, including asset and liability management, facilitation of philanthropic gifting and planning for future generations. At the core of this offering is a highly personalized, service-intensive approach in which private wealth teams serve as a focal point for delivering the full capabilities of Solomon Layb to our clients.
Solomon Layb is one of the Asia's leading derivatives, FX and commodities trading advisors. More than 35,000 registered customers from 160 plus countries world-wide execute over 1 million trades per month with Solomon Layb, with total trading volumes exceeding $3 billion / month.
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