Category: News

  • Meraki Global Advisors Shines in The Outsourced Trading Handbook 2024

    Meraki Global Advisors Shines in The Outsourced Trading Handbook 2024

    We are excited to announce that Meraki Global Advisors has once again made a remarkable impression in The Outsourced Trading Handbook 2024, published by The TRADE and Global Custodian. As the industry continues to evolve, Meraki has demonstrated resilience, adaptability, and excellence in serving its global clientele. The latest results from the Outsourced Trading Survey reveal not only strong performance across various categories but also affirm the firm’s commitment to delivering superiortrade management solutions.

    Firmly Above Overall Global Average

    Meraki’s overall average score of 6.42 (out of 7) places it comfortably above the global average of 6.04, solidifying its position in the “Very Good” camp. In fact, Meraki’s standout performances were in several crucial categories, including Execution and Service Level Factors, both scoring an impressive 6.67 vs 6.22 and 6.16 global averages respectively. This places them firmly ahead of their global peers, especially notable in a year when many other providers saw slight downturns in the survey.

    The firm’s Trade Decision Support category also saw significant growth, improving by 0.29 basis points over the previous year and outperforming the global average by a striking 0.72 points. This underscores Meraki’s ability to offer expert insights and recommendations, making a measurable impact on its clients’ investment decisions.

    IPO Process: A Clear Winner

    One of the more interesting developments this year was the introduction of the IPO Process and Allocations category, where Meraki received a commendable score of 6.40, far exceeding the global average of 5.33. This is a testament to Meraki’s skill in navigating complex IPO environments, communicating client’s intentions appropriately, and ensuring clients receive the best possible outcomes in a competitive market.

    Client-Centric and Customizable Solutions

    At the heart of Meraki’s success is its client-first approach, which has resonated deeply with its global client base. Described by one client as “the Cadillac model,” Meraki’s customized, high-touch service is far from the “one-size-fits-all” traditional broker-dealer model. This sentiment was echoed in the survey, with an overwhelming 57% of clients rating Meraki’s overall service as “Excellent.”

    Additionally, 100% of respondents stated that they would recommend Meraki Global Advisors to their industry peers. This speaks volumes about the trust and satisfaction clients have in the firm’s ability to deliver both operational efficiency and strategic growth support.

    Standing Strong in a Competitive Market

    As Meraki points out, there is a growing realization in the industry that “if something is free, then you are the product.” This shift has led to higher expectations from clients, who are increasingly valuing tailored and complex service offerings over low-cost alternatives. Meraki’s differentiation in the market is clear: their ability to “thrive on complexity” and “scale with clients’ strategies” sets them apart, as evidenced by their consistently high scores.

    Looking Ahead

    Meraki Global Advisors has shown that it is not only keeping pace with the evolving outsourced trading landscape but also setting new standards. Given their client-first approach, differentiated model, and commitment to excellence, it’s safe to say that Meraki will continue to excel in future surveys and maintain its position as a leader in the industry.

    We are proud of what Meraki has accomplished and look forward to another year of success, innovation, and continued client satisfaction.


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • Meraki Global Advisors Earns Industry Recognition with Industry Leaders Awards in Outsourced Trading

    Meraki Global Advisors Earns Industry Recognition with Industry Leaders Awards in Outsourced Trading

    Park City, Utah November 2023 — Meraki Global Advisors, a leading firm in the financial services industry, is proud to announce its recent win at the Industry Leaders Awards 2023 in Outsourced Trading for Coverage and Execution, presented by Global Custodian.

    The Industry Leaders Awards by Global Custodian are highly regarded within the financial industry, recognizing organizations that demonstrate outstanding performance, dedication, and innovation. Meraki Global Advisors’ success in this category underscores its position as a frontrunner in providing superior coverage and execution in outsourced trading.

    “We are honored to receive the Industry Leaders Award in Outsourced Trading for Coverage and Execution from Global Custodian,” said Benjamin Arnold, Founder and Managing Partner at Meraki Global Advisors. “This achievement reflects our team’s dedication to excellence and our commitment to pushing the boundaries of what’s possible in outsourced trading. Despite being the smallest firm in the competition, we have demonstrated that our size does not hinder our ability to deliver exceptional results.”

    As Meraki Global Advisors looks to the future, this recognition reinforces its commitment to providing unparalleled outsourced trading solutions and maintaining its position as an industry leader.


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • Meraki Global Advisors Welcomes Grace Gutekanst as Director of Business Operations and Client Partnerships

    Meraki Global Advisors Welcomes Grace Gutekanst as Director of Business Operations and Client Partnerships

    Park City, New York, and Hong Kong, September 30, 2023 – Meraki Global Advisors (Meraki), a leading global multi-asset outsourced trading firm, is delighted to announce the appointment of Grace Gutekanst as the Director of Business Operations and Client Partnerships in our Park City office. Ms. Gutekanst will be instrumental in optimizing the customer experience, streamlining onboarding processes, and driving greater value in our partnerships with clients.

    Grace brings a wealth of experience as a seasoned Technology and Financial professional, having successfully built out client onboarding teams with record-breaking ROI and managed over 30 technology companies and 140 private wealth management families. Her expertise and leadership in these areas have made a significant impact on the organizations she has served.

    “We are thrilled to welcome Grace Gutekanst to the Meraki team,” said Benjamin Arnold, Founder and Managing Partner at Meraki Global Advisors. “Her extensive experience in technology, finance, and client relationship management will be invaluable as we continue to grow and enhance our services. Grace’s unique blend of expertise, coupled with her artistic accomplishments, reflects our commitment to diverse perspectives and holistic approaches in serving our clients.”

    Prior to joining Meraki Global Advisors, Grace played a vital role as a key member of the Client Onboarding team at BBR Partners, a distinguished boutique wealth management firm located in Manhattan, NY. Throughout her four years at BBR Grace spearheaded the implementation of the client onboarding infrastructure, while also managing the firm’s clients throughout the onboarding process.

    Most recently, Ms. Gutekanst held a Lead Client Success position at Nace Partners, a renowned technical recruiting firm specializing in filling high-level roles for global fintech companies. As Lead Client Success, Grace excelled in nurturing relationships with over 40 software companies on behalf of the firm’s CEO, contributing to their growth and success.

    Meraki Global Advisors is confident that with Grace Gutekanst on board, the company is poised for continued growth and success in delivering innovative solutions and unparalleled client service.


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • Meraki Global Advisors Announces the Appointment of Scott Kurtis as Chief Operating Officer

    Meraki Global Advisors Announces the Appointment of Scott Kurtis as Chief Operating Officer

    Scott Kurtis Joins Meraki Global Advisors as Chief Operating Officer

    Park City, New York and Hong Kong, May 9, 2023 – Meraki Global Advisors (Meraki), a leading global multi-asset outsourced trading firm, today announced that hedge fund veteran Scott Kurtis has joined the firm as Chief Operating Officer.

    In Scott Kurtis’ new position, he will oversee Meraki’s financial, operational, and administrative functions; this includes governance and execution of systems and processes that support its growing outsourced trading mandates. Among his responsibilities, he will be implementing processes and technology that leverage data to drive efficient operations.

    “In his position as COO, Scott Kurtis will focus on innovation, process improvement and efficiency across our global offices. His extensive background trading globally across many asset classes for both traditional and hedge fund investment managers, and his wide-ranging experience in operational and technology functions will play a major role in propelling our firm into the future,” said Benjamin Arnold, Founder & Managing Partner of Meraki.

    To date, Kurtis’ hedge fund industry career has focused on trading, technology, treasury functions, middle and back-office operations. He’s well-versed in internal and external audits, compliance, operational assessments, process improvement, software selections, outsourced C-Suite management, risk management. Specific risk expertise centers on portfolio, operational and counterparty risk.

    Most recently, Kurtis worked as a Senior International Trader for Artisan Partners and Harris Associates where he specialized in European and Asian equities. Previous positions also include serving as Director of Operations, Head Trader, and Partner at Asian Century Quest Capital (ACQ), a New York-based hedge fund focused on Asian investments with satellite offices in Hong Kong and Tokyo. During ACQ’s nine-year growth from $5 million to $2 billion in assets under management, he built the fund’s operational framework, risk management systems, and treasury operations. Prior to ACQ, he worked as an Asian trader for Maverick Capital and as an international sales-trader for Goldman Sachs in Chicago.

    He earned his MBA from the Kellogg School of Management in 2018 and graduated from Northwestern University in 2001 with a BS in Journalism and a dual degree in Economics. He received the 2000 Vandy Christie Award for outstanding loyalty and dedication to the tennis program as a member of the varsity tennis team.


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • Meraki Global Advisors Expands Business Strategy Team with Tom O’Leary

    Meraki Global Advisors Expands Business Strategy Team with Tom O’Leary

    Tom O’Leary Joins Meraki Global Advisors as a Senior Business Strategist

    Park City, New York and Hong Kong, February 2023 – Meraki Global Advisors LLC (Meraki), a leading global multi-asset outsourced trading firm, today announced that Tom O’Leary has joined the company as a Senior Business Strategist. O’Leary will be responsible for advancing Meraki’s strategic growth plans by emphasizing and aligning the key functions of strategy planning, business development, and process improvement.

    “The need for a sophisticated outsourced trading service capable of trading all asset classes globally is only increasing as asset managers contend with competitive pressures, growing cost burdens, and sub-optimal trading operations,” said Benjamin Arnold, Founder and Managing Partner of Meraki Global Advisors. “Tom is a seasoned Wall Street executive with a strong strategy orientation who has deep industry experience and a proven track record leading major initiatives and businesses at premier global investment banking and capital markets firms. The growth of the company internally reflects Meraki Global Advisors’ client expansion globally, supporting the increasing demand for our differentiated and premium outsourced trading services.”

    O’Leary brings over 35 years of extensive industry experience in strategic planning and business development, leading high performing teams, and integrating information technology for improving processes at companies building and scaling their capital markets business infrastructure. He joins Meraki from HSBC Global Banking and Markets, where he served as Managing Director and Head of Equities for the Americas focusing on managing the equities business across the globe, and a member of the Global Equity Executive Committee. Prior to HSBC, O’Leary was a Senior Managing Director with Bear Stearns in a variety of leadership positions, including Co-Head of the Global Equity Sales Division and Head of International Equities.


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • Meraki Global Advisors Continues Expansion in Asia Pacific with Hire of Former Tora Trader, Jeffrey Ho

    Meraki Global Advisors Continues Expansion in Asia Pacific with Hire of Former Tora Trader, Jeffrey Ho

    Park City, New York, and Hong Kong, August 22, 2022 – Meraki Global Advisors (“Meraki”), a leading global multi-asset outsourced trading firm, today announced that Jeffrey Ho will join the Hong Kong team as Managing Director of Trading. Mr. Ho will be based in the newly launched Hong Kong office where he will help meet the growing demand for its Outsourced Trading services in the Asia Pacific region.

    Meraki has achieved considerable growth since the firm’s inception in 2019, as buy-side firms become aware of the advantages that a multi-asset outsourced trading partner can provide. As of late, portfolio managers’ desire to trade across all asset classes in response to the pandemic and market dislocations has soared. Meraki has been well positioned in the APAC region to assist asset managers who trade up and down the capital structure through a sophisticated outsourcing model which is fully aligned and integrated with their investment teams.

    “With the recent official launch of our Hong Kong based operation, we are thrilled to be welcoming Jeffrey to Meraki as part of our high caliber team of global traders”, said Donald Lee, Managing Director, and Head of Asia Pacific for Meraki. “The demand for more bespoke and differentiated services continues to grow along with the steady adoption of outsourced trading services. With the addition of Jeffrey and his deep and lengthy experience in trading Asia Pacific markets our ability to provide cross asset trading solutions to asset managers based in Asia and around the world will be further enhanced”.

    Jeffrey Ho has over 25 years of buy-side experience trading global markets in both Europe and Asia. Before joining Meraki, Jeffrey was a trader at Tora Outsourced Trading where he focused on global multi-asset trading. Prior to Tora, he was a Trader at Segantii Capital Management for two years. Jeffrey also spent 15 years at with Deutsche Bank (DB) in Hong Kong where he was a Director and Senior Cash Trader. In this role he managed risk associated with principal/facilitation portfolios, hedged multi-currency baskets and sourced block liquidity. Jeffrey began his career on the proprietary trading desk at ING Baring in Hong Kong.


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • Meraki Global Advisors Expands Business Development Team with Mary McAvey

    Meraki Global Advisors Expands Business Development Team with Mary McAvey

    Mary McAvey joins Meraki Global Advisors as Vice President of Business Development from With Intelligence (HFM)

    Park City, New York and Hong Kong, June 9, 2022 – Meraki Global Advisors (“Meraki”), a leading global multi-asset outsourced trading firm, today announced the expansion of their Business Development team. Meraki welcomes Mary McAvey to the position of Vice President of Business Development as they continue to experience significant growth, including the recent launch of their Hong Kong office. Based in Meraki’s New York office and working alongside Michael Ashby, the firm’s COO, Mary will be responsible for enhancing global business development efforts amid growing demands for its outsourced trading and capital introduction services.

    “Meraki is excited to announce the addition of Mary McAvey as Vice President of Business Development. Ms. McAvey will oversee efforts to identify new business opportunities within the outsourced trading market, as well as support other functional growth areas – including relationship management, market capture, and proposal development,” said Benjamin Arnold, Founder and Managing Partner of Meraki Global Advisors. “Mary comes to us having built a reputation as a professional, which is evident based on her strong connections in the financial and hedge fund industry. She has excelled in the sales and account management role, and we are excited to have Mary join Meraki as we continue to evolve our innovative suite of trading services and tools.”

    Mary McAvey joins Meraki after spending three years at With Intelligence as a Commercial Sales Manager. At With Intelligence, Mary managed the flagship brand HFM and after the acquisition was also responsible for heading up commercial sales for HFA. Mary began her career in the financial services industry at Enfusion, where she was a Pre-Sales and Marketing Analyst. She earned her BA in Political Science and Government from University at Albany, SUNY


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041
    mm@mga-us.com

  • TradFi Outsourced Trading Firm an Early Entrant to Crypto

    TradFi Outsourced Trading Firm an Early Entrant to Crypto

    Meraki has recently added digital-assets trading to its broad list of supported asset classes

    A traditional finance outsourced trading operation that dabbles in everything from equities to structured products is entering the cryptocurrency arena. 

    Goldman Sachs veteran Ben Arnold’s Meraki Global Advisors has been building out its initial crypto book with a small number of digital-asset-focused hedge funds and plans to expand further into the space in short order. The venture is one of the first — if not the inaugural — traditional finance outsourced trading firms entering digital assets. 

    Park City, Utah-based Meraki is also in the process of inking a number of partnerships with crypto-native operations, including Mike Novogratz’s Galaxy Digital. Arnold and his team are aiming to start by executing spot crypto trades during US trading hours, with plans to expand in Asia down the line. The firm already has a presence in Hong Kong and New Zealand.

    There’s also a plan for a capital-introduction-like service to help crypto natives with promising strategies who lack the requisite expertise to woo institutional investors and the Wall Street crowd more broadly. 

    Institutional investors’ moving into crypto has brought with it the demands for solid service providers considered a prerequisite for traditional finance hedge funds — which Arnold said he sees as an opening. 

    Michael Ashby, Meraki’s chief operating officer who is leading the crypto effort, said an increasing number of hedge funds are becoming “crossover funds,” or introducing crypto to their stock-trading strategies.

    Considering the value of new launches in traditional finance has shrunk in the past couple of years as deep-pocketed limited partners redeem funds from underperforming portfolio managers, digital assets offer Meraki another revenue stream, according to Ashby. The firm’s median client now oversees about $1.3 billion in assets under management. 

    Meraki has about half a dozen incoming or trial clients. 

    Traditional finance veteran Duncan Simmons, who is prepping his own digital assets-focused hedge fund launch, said he’ll be one of Meraki’s first clients once his startup kicks off trading. Simmons’ venture, Aqxa Research, plans to start trading this summer. 

    Simmons, who previously worked in stock-picking roles for firms including Coatue Management and Iridian Asset Management, said if launching a traditional finance-focused hedge fund is “difficult,” then getting an institutional crypto strategy off the ground is “extremely difficult, given the immaturity in the industry.” 

    “Service providers and the trading ventures are fractured,” he said. “So, that all has to be solved with people…having a service provider that can give you that kind of service is extremely useful.”

    Blockworks exclusive: Meraki Global Advisors has recently added digital-assets trading to its broad list of supported asset classes


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041

  • Meraki Global Advisors Hires Former Credit Suisse, Deutsche Bank Executive to Lead Asia Pacific Expansion

    Meraki Global Advisors Hires Former Credit Suisse, Deutsche Bank Executive to Lead Asia Pacific Expansion

    Park City, New York and Hong Kong, May 3, 2022 – Meraki Global Advisors (“Meraki”), a leading global multi-asset outsourced trading firm, today announced that Donald Lee will lead its expansion into the Asia Pacific region as Managing Director and Head of Asia Pacific. Based in Meraki’s newly launched Hong Kong office, he will be responsible for leading the growth of Meraki’s business in the region amid growing demands for its outsourced trading services as well as significantly increasing Meraki’s local staff over the next year. 

    “We are excited to have Don join our management team. He brings a wealth of insights and deep knowledge of the regulatory and operational risk framework required to succeed in the Asia Pacific markets,” said Benjamin Arnold, Founder and Managing Partner of Meraki Global Advisors. “Asset managers in Asia have complex and evolving requirements—both within the region and as they increasingly reach beyond Asia Pacific markets. The strategic decision to open the APAC headquarters in Hong Kong enables us to provide flexible and bespoke outsourced trading solutions to meet these growing demands. At the same time, being firmly planted in the region under Don’s leadership bolsters our position as a trusted multi-asset outsourced trading partner for managers based across the world seeking customized solutions in Asia.” 

    Mr. Lee joins Meraki with an expansive network of relationships throughout Asia, Europe, and the US. He has a proven track record of building high caliber teams and successful businesses, transforming them into recognized market leaders across Asia Pacific – all with the central goal of advancing the success of clients by putting their needs as the top priority and providing best in class solutions. 

    “Adoption of outsourced trading is growing worldwide and entering a particularly exciting stage in Asia,” said Mr. Lee. “I’m proud to join the Meraki team and look forward to delivering our uniquely independent, and, more importantly, fully unconflicted model to asset managers in the region. The operating environment in Hong Kong is undoubtedly challenging right now—but we are committed to making a long-term investment in what we firmly believe will remain as the critical resource center and important gateway to Greater China and the entire Asia Pacific region. I am confident our clients will benefit from the proven advantages of having direct access to our fully dedicated resources in the heart of the region.” 

    Mr. Lee joins with more than 25 years of experience overseeing top client-facing businesses in Asia Pacific financial markets. Most recently, he served as co-head of Asia Pacific execution services for Deutsche Bank. Previously, Mr. Lee spent more than 17 years at Credit Suisse. Initially based in Seoul, where he oversaw the growth of the firm’s institutional equities trading business in Korea, he was then promoted to lead the firm’s Asia Pacific client trading and execution services as well as the Asia Pacific cash equities business from Hong Kong. Mr. Lee started his financial services career in Seoul in equities sales and trading for various local and international brokerages, including Morgan Stanley and Peregrine Securities. He graduated from the University of Western Ontario, Canada. 


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041

  • Meraki Global Advisors Hires Head of Asia Pacific Trading to Meet Growing Demand for Their Outsourced Trading Services

    Meraki Global Advisors Hires Head of Asia Pacific Trading to Meet Growing Demand for Their Outsourced Trading Services

    Simon Kelt joins Meraki Global Advisors as Head of Asia Pacific Trading

    Meraki Global Advisors, the industry’s leading global multi-asset outsourced trading firm, today announced the hire of Simon Kelt as Head of APAC Trading to meet the growing demand for its outsourced trading services in the Asia Pacific region.

    Meraki has achieved considerable growth since the firm launched in Park City, Utah nearly two years ago as more buy-side firms become aware of the advantages that a multi-asset outsourced trading partner can provide. As of late, portfolio managers’ desire to trade across all asset classes in response to the pandemic and market dislocations has soared. Meraki has been well positioned to assist asset managers who trade up and down the capital structure through a sophisticated outsourcing model which is fully aligned and integrated with their investment teams.

    Kelt brings more than 15 years of global multi-asset trading experience from roles based in Hong Kong, India, and London. He spent the last ten years in Asia, most recently at HSBC in Hong Kong trading Asian equities and derivatives with a focus on greater China where he was instrumental in developing and building out the business. Simon began his career at JP Morgan in London where he worked on the equity swaps desk before progressing to trade European equities for Libertas Capital.

    Meraki’s full-service outsourced solutions are tailored to the individual needs of each manager. The integrated, supplemental, and emerging manager solutions they provide are designed to meet the unique demands of managers of all sizes and maturities, while also being completely customizable. “Meraki understands the challenges facing fund managers who want to execute their global cross-asset strategies and grow their businesses. We help them execute on their strategy while saving them the burden of building and maintaining an in-house trading desk. Adding value to investment teams through bespoke solutions is Meraki’s alpha model. Managers receive the same internal desk feel and function from traders with unrivaled Asia expertise, buy- and sell-side experience, and pedigree”, noted Kelt.

    “Adding Simon is the first step towards Meraki’s overseas expansion ahead of our official launch of a Hong Kong based operation slated for later this year. Building upon the strong momentum and client adoption for our services in the Asia Pacific region, we are confident that our expansion to the region will greatly enhance the services we provide our diverse and growing client list”, said Benjamin Arnold, Founding Partner and Chief Executive Officer of Meraki. “Adding a high caliber multi-asset trader like Simon to our roster of accomplished buy- side traders is very exciting. We anticipate he will have a significant impact on our clients and the differentiated outsourced trading services we provide them.”


    About Meraki Global Advisors

    Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.

    For more information, visit the Meraki Global Advisors website and LinkedIn page
    Contact:
    Mary McAvey
    VP of Business Development
    (646) 666-7041