Barrow Joins Corporate Actions Specialist

Chris Barrow has joined Scorpeo, the multi asset class service provider delivering value for investors across corporate actions.

He joins the company as head of business development and he will be based in London.

Barrow joins from HSBC, where he was global head of Sales for Prime Finance.

SCORPEO is focused on capturing the value in portfolio holdings around specific corporate actions.

“Often the embedded value in corporate actions is missed. We provide a safety net to catch the intrinsic value for underlying investors,” says Barrow.

Global assets under management are in excess of $60 trillion and this is compounding at around 6% per annum. However as the industry continues to grow, performance is key as the sector becomes ever more competitive and the costs of asset management continues to rise due to capital constraints, regulation, infrastructure, to name but few.

Barrow says, “I wanted to find an area that capitalizes on these trends and be part of a company that finds solutions”

Barrow notes that millions of dollars are potentially being lost every year and that investors are keen to find ways to retain this value. He says, “SCORPEO provides the tools to do the value analysis and offers the service to capture the value. The additional revenue can be substantial, whether used to offset costs or enhance performance. Managers have a duty to maximize returns for investors and we can make a big difference in achieving that”