Bluefield Partners’ long-awaited Shanghai office is set to open for its administrative teams on Monday 21st September.
Bluefield Partners, the Shenzhen, China-headquartered broker-dealer and investment manager confirmed today that its highly-anticipated Shanghai satellite office would open on schedule.
The new 10,000 square foot office set over 2 floors will initially accommodate the operation’s administrative personnel and executive secretaries. The equity sales trading staff led by Naveen Chawla, Head of Equity Sales and Jeff Thorens will take up residence at a later date thought to be in the 2nd week of October along with the company’s proprietary desk traders.
“It’s been a journey but we’re delighted to have completed it on time and on budget,” said Joel Cooper, Chief Investment Officer at Bluefield Partners.
The new offices have benefited from a complete, bare bones refit of legacy telecommunication architecture in favor of systems based on fiber-optics. The firm also commissioned the installation of a state-of-the-art high frequency trading platform that will go online in early October.
“We’re confident that the investment we’ve made in this new operation will be instrumental in helping Bluefield Partners realize its objective to become a leading player in the technology and innovation IPO market in the Asia Pacific region,” said Cooper.
Bluefield Partners says it remains undaunted by the spate of volatility that’s characterized Chinese markets since mid-June and says it expects policymakers to introduce measures to return stability to both markets and the wider economy in due course.
“Without oversimplifying matters, markets go up and down; the current jitters in the Chinese market are nothing that can’t be cured with a few interest rate cuts and some easing of the banks’ reserve ratio requirement,” concluded Cooper.
About Bluefield Partners:
Bluefield Partners was established in 2005. We are headquartered in Shenzhen, China with presence in Beijing, Shanghai and Hong Kong.
Bluefield Partners functions as a privately held Investment Counseling and Advisory firm. We render investment and advisory services for individuals, trusts and charities who want their wealth managed professionally. Portfolios are tailored for each client on an individual basis. We are committed to enhancing your wealth and protecting your future.