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Holborn Assets adds Cyprus office

Holborn Assets is expanding with a new office in Paphos, Cyprus.

Holborn Assets adds Cyprus office

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In a statement, chief executive Bob Parker said the family business had experienced “exponential” growth.

The fledgling office in Cyprus; joins an existing network including Kuala Lumpur, Malaysia; Johannesburg, South Africa; Marbella, Spain; Colombo, Sri Lanka and Manchester, UK.

Parker said all the companies are regulated or acquiring regulation in their home countries.

In a separate statement, Holborn said it was building on 2017 with an “aggressive three-year strategic plan that will target major international growth with further substantial investment in its services to improve its client proposition”.

Holborn also outlined its “intention to open six new offices across the Middle East, Africa, Asia and Europe by the end of Q2 with a further three locations earmarked for Q3-4”.

Earlier this month, Holborn Assets acquired Globaleye Hong Kong and revealed that similar acquisitions were planned “in the near future”.

Parker said: “Last year was extremely positive for Holborn Assets. The business performed fantastically well, with phenomenal growth in revenues, AUM, and clients.

“The opening of our Malaysia office and our recent acquisition in HK were important milestones that demonstrate our intention to grow well beyond our Middle East base.”

Riyad Adamou, Holborn Assets chief commercial officer, said: “The groundwork for future gains has already been laid with the announcement of our strategic plan for the next three years, which has been designed to make Holborn Assets an even more attractive proposition for our clients and staff members alike.”

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