Meraki Global Advisors LLC announces it has expanded its outsourced trading capabilities to include fixed income and other OTC products. In the last few weeks alone, the firm has traded nearly $100 million of high yield and investment grade bonds through a number of global investment banks.
The firm’s fixed income coverage includes government bonds, investment grade credit, high yield credit, bank debt, RMBS, CMBS, ABS, CLOs and other structured credit. This product set adds to Meraki’s core offering of global equities, futures, FX, listed & OTC options, delta one swaps, and commodities.
“We are excited to offer true fixed income capabilities to our clients,” said Meraki Founder and CEO Benjamin Arnold. “Our client base includes large sophisticated asset managers who need to trade across the entire capital structure, with the way we’ve designed our firm they can do just that.”
“One of the toughest things about expanding into fixed income and other assets is hiring traders with the right product expertise,” said Greg Sutton, Meraki’s Chief Operating Officer and previous trader and partner at John Paulson’s Paulson & Co.. “You can’t just take a veteran equity salestrader and have them start covering the fixed income markets. Meraki fortunately has been able to hire very senior and capable traders who share our vision for premium and bespoke client service.”
Meraki launched in April 2019 as an independent outsourced trading firm, providing conflict-free outsourced trading solutions. Unique to the current outsourced trading offerings, Meraki does not affect transactions for customers through a clearing broker arrangement. Their structure allows them to remain a truly independent and unbiased extension of a client’s investment team, thereby operating as a pure buyside offering.
About Meraki Global Advisors
Meraki Global Advisors was founded with a rebellious determination to deliver truly conflict-free services to asset managers. Headquartered in Park City, Utah with offices in New York and Hong Kong, Meraki provides outsourced global multi-asset trading, leverage management, and capital introduction services to the asset management industry. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the Securities & Futures Commission of Hong Kong.