Decker & Co: ASEAN’s New Boutique Broker
Last week the first US-based broker dedicated solely to Southeast Asia opened its doors for business. Decker & Co intends to bring US capital to ASEAN corporations and development projects by utilising its network of brokers and partners throughout the region. The firm’s clearing partner is Broadcort, a division of Merrill Lynch, and it is said to be well capitalised.
Decker & Co’s plan is to bring hand-picked investments to its US clients and to have a continuous presence in ASEAN for that purpose. The firm will also arrange quarterly investor trips to the region where US investors can learn about corporations and projects first hand.
Decker & Co’s network includes broker partners in Vietnam, Sri Lanka, Malaysia, India, Bangladesh, Indonesia, Hong Kong, Thailand, Singapore, Pakistan and Cambodia, and its key shareholders are former investment bankers in Southeast Asia.
Mark Decker, the firm’s founder and CEO, has over 20 years of experience in the region. In the 1990s, he was a broker in Hong Kong with Bear Stearns/Lehman Brothers and also with CLSA. Later he was director of equities at SCB Securities in Thailand, and opened the west coast office of Kim Eng Securities in 2009.
“I began my career in the region in 1991, and since that time I have seen many quality specialised brokers disappear,” said Decker in a press release. “Today, all that remain for clients are the bulge and no-frills firms; we plan to fill the gap by becoming the boutique broker for this region. Our sights are set on becoming the Southeast Asia/Frontier market leader because we’re launching with more breadth of coverage and corporate access in Southeast Asia than any other broker. Further, we know from experience that with great partners, it is more productive to let their brands achieve a strong reputation alongside our own.”
The ASEAN region will certainly benefit from a new source of US capital.
Last week the first US-based broker dedicated solely to Southeast Asia opened its doors for business. Decker & Co intends to bring US capital to ASEAN corporations and development projects by utilising its network of brokers and partners throughout the region. The firm’s clearing partner is Broadcort, a division of Merrill Lynch, and it is said to be well capitalised. Decker & Co’s plan is to bring hand-picked investments to its US clients and to have a continuous presence in ASEAN for that purpose. The firm will also arrange quarterly investor trips to the region where US investors can learn...
Last week the first US-based broker dedicated solely to Southeast Asia opened its doors for business. Decker & Co intends to bring US capital to ASEAN corporations and development projects by utilising its network of brokers and partners throughout the region. The firm’s clearing partner is Broadcort, a division of Merrill Lynch, and it is said to be well capitalised.
Decker & Co’s plan is to bring hand-picked investments to its US clients and to have a continuous presence in ASEAN for that purpose. The firm will also arrange quarterly investor trips to the region where US investors can learn about corporations and projects first hand.
Decker & Co’s network includes broker partners in Vietnam, Sri Lanka, Malaysia, India, Bangladesh, Indonesia, Hong Kong, Thailand, Singapore, Pakistan and Cambodia, and its key shareholders are former investment bankers in Southeast Asia.
Mark Decker, the firm’s founder and CEO, has over 20 years of experience in the region. In the 1990s, he was a broker in Hong Kong with Bear Stearns/Lehman Brothers and also with CLSA. Later he was director of equities at SCB Securities in Thailand, and opened the west coast office of Kim Eng Securities in 2009.
“I began my career in the region in 1991, and since that time I have seen many quality specialised brokers disappear,” said Decker in a press release. “Today, all that remain for clients are the bulge and no-frills firms; we plan to fill the gap by becoming the boutique broker for this region. Our sights are set on becoming the Southeast Asia/Frontier market leader because we’re launching with more breadth of coverage and corporate access in Southeast Asia than any other broker. Further, we know from experience that with great partners, it is more productive to let their brands achieve a strong reputation alongside our own.”
The ASEAN region will certainly benefit from a new source of US capital.
