Homepage Invast Global newsroom

Invast Wins Best Specialist Prime Broker

Announcement posted by Invast Global 09 Mar 2017

Invast Global, a Sydney-based prime services provider, is named Best Specialist Prime Broker at the 2017 HedgeWeek Global Awards

With a unique peer-review voting structure, the Hedgeweek Global Awards have grown to become one of the most prestigious and eagerly anticipated awards in the global Hedge Fund industry.

During an elegant luncheon ceremony held amongst the opulent halls of the Reform Club in London’s Mayfair district, Australian-based, Japanese-backed multi asset prime broker, Invast Global has been voted HedgeWeek Global Awards 2017 ‘Best Specialist Prime Broker’. Past winners of the “Best Prime Broker” award are Societe Generale Prime Services (2015) and Cowen Prime Services (2016).

The global awards are presented annually to top performers in various financial services categories through a peer review system, consisting of the HedgeWeek readership. HedgeWeek is the premier news publication for institutional investors and asset managers, with two-thirds of their readers from the buy-side.
HedgeWeek-Invast1_0b93.jpg

It is a high honour for the relatively new provider of bespoke prime services. While the Japanese parent company, Invast Securities, has been in existence for more than 50 years, the internationally-focused Invast Global was founded in 2013.The firm has blossomed in the past few years, as banks continue to withdraw from prime services. Invast Global has arguably been one of the biggest beneficiaries of this shift, with the brokerage successfully forging a reputation as the best non-bank prime broker in the industry – particularly amongst the small/medium funds and brokerages.

The award comes as Invast Global announces record revenues and turnover in 2016 for its global multi-asset prime services facility PurePrime. With total active client account numbers jumping 142% YoY, a 113% surge in turnover YoY and a 35% increase in revenues YoY, the firm has rocketed its way into the big league of prime services.

HedgeWeek-Invast2_d047.jpg

Gavin White, CEO of Invast Global states:

“It has been an enjoyable and rewarding year for Invast Global. As always, these sort of results rely on a strong, talented team dedicating themselves to our clients. The team we have at Invast Global is exceptionally skilled at their craft. Our PurePrime product is designed to specifically meet the needs of clients who are struggling to satisfy their bank PB facility. As the tier one PB hurdles get higher each day, our clients are relieved to find an alternative source of prime services which is of such high quality and so easily accessed. We have found ourselves being in the right place, at the right time, with the right product.”

Chairman of Invast Securities Co Ltd, Mr Takeshi Kawaji states, “The team at Invast Global is world class. We are immensely proud of their achievements and the Board of Invast Securities Co Ltd would like to extend our congratulations to them. We explicitly reaffirm our strong long term support for Gavin and his team and we have no doubt they will continue working hard for their clients and will achieve sustained success in the future.”

 

Company Profile:

Invast Global is a leading multi-asset brokerage and prime services provider based in Sydney, Australia. We specialise in providing prime services to small/mid-sized hedge funds, asset managers, proprietary trading firms, other brokerages and banks. Our JASDAQ-listed Japanese parent – Invast Securities Co. has a 60-year history as a Forex and Securities brokerage and enjoys stable, long-standing relationships with numerous tier-one Prime Brokers.

As part of our “PurePrime” facility, we aggregate the best Bank and non-Bank liquidity to give our clients bespoke, optimised liquidity streams for FX, Metals and CFDs. We have designed a suite of trusted collateral solutions and leverage arrangements that provide clients with unparalleled choice, and the ability to maximise the efficient use of capital. The spirit of our Japanese heritage translates into industry-leading connectivity solutions, encompassing servers in NY4, LD4 and TY3, as well as superior DMA connectivity to over 30 global stock and futures exchanges.