Braemar Capital announces Phase 3 of its Management Agenda

Top Quote Braemar Capital today announces the launch of 'Phase 3' of its management agenda. End Quote
  • (1888PressRelease) July 17, 2014 - Braemar Capital's Chairman of the Management Board, Mr. Steve Chamberlain will present this new phase at an Investor Conference in Hong Kong.

    Braemar Capital have already successfully completed Phases 1 and 2. Phase 1, which involved refocusing the business, was completed in 2008. Phase 2, which focused on growth and achieving 25% pre-tax return on average active equity, was completed in 2011.

    Braemar Capital's Phase 3 contemplates pre-tax profit of $7.4 million in 2011, while reaffirming the firms stated financial targets of 25% pre-tax return on equity and double-digit earnings per share growth over-the-cycle.

    Braemar Capital's Chief Market Strategist, Mr. Padraig Brannick said: "We will aim to accelerate profitable growth by expanding our 'stable' businesses in Private Clients and Asset Management and Global Transaction Banking, whilst at the same time building on our competitive edge in Corporate and Investment Banking. Our recent acquisitions prove our determination to expand our franchise. We will invest further, both in incremental acquisitions and in organic growth, while maintaining our cost, risk, capital and regulatory discipline."

    At the Investor Conference, the firm's business heads, together with the Chief Financial Officer and Chief Risk Officer, will give further details of the financial and strategic objectives of Phase 3 of the Management Agenda at Braemar Capital.

    Braemar Capital is an independent global wealth management company with a focus on the emerging and developing markets of the Asia Pacific. Based in Hong Kong, with strong links to Asia's developing markets and a hub for East-West commerce, Braemar Capital has been providing investment advice, products and services to the discerning private investor for close to 30 years.

    Braemar Capital was established in 1984 by Desmond Alexander and James Liu in a small office in Braemar Hills, Hong Kong, as Braemar Hills Capital Partners, with the aim of offering clients access to the rapidly growing markets of the Asia-Pacific. Our founders placed great weight on tapping into sectors which have the potential to dominate markets in the near future, encouraged by a growth in consumer demand in the developing economies in the Asia-Pacific.

    Over the past 30 years, the company has expanded to become one of the leading investment firms in the region, expanding to offices in Taipei in 1999. In 2005 following the retirement of co- founder James Liu, the company simplified our name to Braemar Capital to reflect the name we had become commonly known by in Hong Kong. In 2008 we opened our Shanghai Office, followed by our Seoul Office in 2010, providing research and access to markets across the Asia Pacific region.

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