Luxembourg-based Fund Advisers Europe has launched its new hub office in Madrid, with a strategy to support its expanding wealth management team in the Iberian Peninsula.
The new office has been designed such a way that it will allow the firm to continue to strengthen its Latin American operation through a Madrid based call centre.
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Commenting on the launch of the new office, director of Fund Advisers Europe David Cooper said, "In this part of the world (Iberia and Latin America) languages are obviously key for both these operations and also the help of good quality local available man power."
The hub team located in Madrid has already been managing wealth managers based in Spain’s capital as well as Valencia and Malaga.
Earlier this year, the company appointed former deVere exec Spencer Lodge to oversee a new Dubai office, and that recruitment was also undergoing for an office in Panama.
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