The GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (Gulf International Bank) U.K. has appointed Barclays to provide additional prime brokerage services to the fund.
Barclays will be the second prime broker appointed by the firm for the emerging markets fund, which also uses Credit Suisse Securities (Europe).
“The appointment of Barclays, to complement Credit Suisse, is key to our strategy of growing the fund,” says Mark Watts, managing director and CEO, GIB UK.
Established in August 2010, the fund has over $300 million in assets under management, focusing predominately on investing in hard currency sovereign and corporate fixed income securities.
Emerging Market Hedge Fund Selects Barclays for Prime Brokerage
The GIB Emerging Markets Opportunities Fund, the flagship hedge fund of GIB (Gulf International Bank) U.K. has appointed Barclays to provide additional prime brokerage services to the fund.
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