LONDON, July 27,
2022 /PRNewswire/ -- EQONEX Limited
(NASDAQ:EQOS), a digital assets financial services company, is
investing in its Asset Management business with new senior
appointments in key regions earmarked for growth.
Nick Cogswell has been
appointed to the role of Head of Sales, Asset Management, based in
London, and Franklin Heng, will drive the company's
Asian asset management products strategy as the Head of Asset
Management Asia, based in Hong
Kong. Both appointments are effective immediately.
EQONEX is directing significant resources and investment into
building its Asset Management business, as part of its ambition to
deliver a leading digital assets investment platform. EQONEX Asset
Management encompasses key business lines including Investment
Products, Structured Products, Bletchley Park, a fund of crypto
hedge funds, and Lending.
The new hires follow the listing of EQONEX's first
exchange-trade product, a Bitcoin Exchange Traded Note (ETN) on the
Deutsche Börse XETRA Exchange, earlier this month.
Further ETNs are expected to list in the coming months, together
with the launch of the EQONEX Structured Products
business.
Nick will be responsible for driving growth across the entire
Asset Management product suite. Nick joins EQONEX with experience
of running his own firm, an FCA regulated investment advisory
business where he served as CEO and Managing Director. He brings 20
years' experience in cross asset derivatives sales and structuring,
alternative investments, and global structured products, dealing
with Institutional investors.
He was previously the Head of Equity Structured Product Sales
EMEA at Jefferies and before that ran the Santander Private Banking
Structured Product Sales business for the UK. Nick has also held
senior roles at both Lehman Brothers and Dresdner Kleinwort
Wasserstein.
Franklin will be responsible for growing EQONEX's Asset
Management footprint in the Asia
Pacific. Franklin joins EQONEX after an eleven-year
tenure with Springboard Capital, where he was a Managing Partner
and nominated Responsible Officer for regulated activities.
Franklin was previously Managing Director, Head of Equity
Derivatives and Structured Products Distribution for The Royal Bank
of Scotland, leading the
Asia ex-Japan business from Hong Kong. His team distributed structured
products to institutional and professional investors and advised
them on the use of derivatives and structured products to hedge
their risk and enhance returns. Prior to this, he spent seven years
at HSBC Hong Kong in various roles including Head of Asia
Derivatives (trading and sales) and Head of Wealth Management
Sales. Franklin brings 30 years of asset management, derivatives
and structured products experience, and he is also a qualified
Chartered Accountant.
Nick will work alongside Head of Business Development Matthew
Clapp, who is also based in London. Prior to joining EQONEX, Matthew was
Head of Institutional Business Development at Levendi Investment
Management. Matthew has been involved in the Structured Investment
arena for over ten years. With his wide-ranging experience across
asset classes, he has developed a deep understanding of the needs
and demands of a broad investor base.
Nick, Franklin and Matthew will report to Frank Copplestone,
Head of Asset Management at EQONEX, who recently celebrated his
first anniversary with the company. Frank is a 30-year veteran of
Asset Management and Investment Products holding global roles at
Morgan Stanley, Deutsche Bank and Jefferies.
Speaking of the appointments, Frank said: "The last year has
been a period of ambitious growth and expansion for EQONEX's Asset
Management business, with the listing of our first exchange-traded
product in Germany, and the
establishment of our strategic partnership with Binance
Connect".
"We see tremendous market opportunities across the globe in the
digital asset investments space and we are working hard to become a
preeminent Asset Management Platform. We are delighted to welcome
Nick and Franklin to this growing, talented and highly experienced
team. Their wealth of experience in asset management, equity
derivatives and structured products will be invaluable in growing
our Asset Management business."
Nick added: "I am thrilled to join EQONEX and look forward to
leveraging my experience in traditional finance to harness the
growing opportunities in the digital asset space. EQONEX is
reputable in the marketplace for its highly experienced team, so
I'm excited to join them in delivering EQONEX's ambitious product
roadmap across structured and investment products and also driving
growth for Bletchley Park, the fund of crypto hedge funds."
Franklin commented: "With regulation now finally becoming a
reality, EQONEX's commitment to compliance and security, as well as
its status as a NASDAQ-listed company, puts it in an ideal position
to further differentiate itself from the competition. I am excited
to join the team during such an anticipated period of business
growth and working with them to define best-in-class digital asset
investment products for EQONEX's clients."
About EQONEX Group
EQONEX Limited (NASDAQ: EQOS) is a technology driven digital
assets financial services group that provides institutional grade
infrastructure and a full suite of trading, custody and asset
management solutions to clients. The Group's digital assets
ecosystem has been designed to accommodate the needs of
institutions and individuals with the same degree of regulatory
oversight and security they are accustomed to in traditional
financial markets. EQONEX's ecosystem primarily encompasses EQONEX,
a digital asset exchange; Digivault, a FCA accredited hot and cold
digital assets custodian and an Asset Management arm comprising
EQONEX investment Products, EQONEX Structured Products and
Bletchley Park Asset Management, a fund of crypto-hedge funds.
For more information visit: https://group.eqonex.com/
Follow EQONEX on social media on Twitter @eqonex, on Facebook
@eqonex, and on LinkedIn.
Forward-Looking Information
Any forward-looking statements in this press release are based
on available current market material and management's expectations,
beliefs and forecasts concerning future events impacting
EQONEX. You are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, as well as assumptions, which, if they
were to ever materialize or prove incorrect, could cause the
results of EQONEX to differ materially from those expressed or
implied by such forward-looking statements. The
forward-looking statements made in this press release speak only as
of the date hereof and we disclaim any obligation, except as
required by law, to provide updates, revisions or amendments to any
forward-looking statements to reflect changes in our expectations
or future events.
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