Dolfin sees strong H1 performance 15 August 2018London Reporter: Maddie Saghir
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Dolfin saw a strong performance for its first half (H1) of 2018.
One of the highlights of its strong H1 2018 performance included the Malta custody depositary licence, which was secured by Dolfin Asset Services, the Group’s operation in Malta.
Additionally, the new Malta office opened in Valletta and the local team expanded to nine people, and several clients on-boarded.
Meanwhile, Dolfin’s global headcount grew by 14 percent as 22 new hires were made.
The hires were made in areas including fixed income, asset management, quantitative analysis, China Desk, and relationship management.
Dolfin reported a 30 percent growth in private and institutional client numbers, and client assets are now approaching $1.7 billion.
Denis Nagy, CEO of Dolfin, said: “In the first half of 2018, we have been focused on enabling professional financial advisers to enhance their client propositions.”
“We’ve established strategically important partnerships, expanded our team, and launched our events programme.”
“Most importantly though, we have increased the depth and breadth of our offering both here in the UK and in continental Europe via Malta.”
He continued: “That’s critical: our clients now have the choice between booking in London or Valletta and can expect the same world-class service either way.”
Nagy said: “This year, more than ever, we are focusing on the opportunity afforded by technology – both in terms of how it can empower our own investment process and the disruptive innovation it can create across a multitude of sectors from biotech to automotive – and of course wealth management itself.”
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