Mar 4, 2020 | Uncategorized
Timeline of Concern
US equity markets have had their worst week since 2008. The S&P500 has tumbled 13% since its peak on the 19th February, a mere 7 trading days ago. The sell-off was broad-based with no sectors spared.
The market impact of the CoronaVirus, or COVID-19, began as it spread outside of China. The US market started to fall when South Korea, a major cog in the global supply chain, and then Italy, reported cases and the infection rate gained momentum. Major US companies such as Apple and Microsoft with exposures to China then started to report that their revenues would be negatively affected even as the rate of infection in China began to slow.
Up to now, the US has been relatively free of the virus. However, the penny dropped last Wednesday night as an infected patient was detected in California where the source of the infection was not known. This is called a community spread. The impact of the news was compounded by a top CDC official stating that she expected to see community spread in the US, as well as the Governor of California informing that the state was monitoring 8,400 people who had arrived from Asia on commercial flights. California had 28 confirmed cases, half of whom were on board the Diamond Princess Cruise ship. On Friday, the WHO raised their risk assessment of the COVID-19 to “very high” as the number of infected countries spread to 49. In all, the US has 71 confirmed cases and has just announced the first death on Sunday….
To read the full report please click here.
Sep 27, 2019 | Press Releases, Uncategorized
Odyssey Capital Group is expanding our External Asset Management (EAM) Platform and we are actively inviting experienced Private Bankers and Wealth Managers to establish their own wealth practice.
ROLE SUMMARY:
You will be responsible for bringing in new accounts and developing AUM. Cross-selling a wide range of private banking and wealth management products and solutions to clients will be part of your core responsibilities.
Private Client Advisers at Odyssey develop deep client relationships in order to thoroughly understand the client’s situation and utilise that knowledge to develop tailored wealth management strategies. The Advisers are able to add value to individual and corporate clients by building and drawing upon a network of internal resources, often global, to achieve desired results. Successful Advisers are able to develop and adopt a disciplined sales process to convert a pipeline of prospects into target market clients. In addition, they are able to deliver quality client relationships (solutions and services) in an intensely competitive fragmented market, taking advantage of the Odyssey platform while protecting the client/firm by complying with relevant policies, procedures, and country legal/regulatory requirements.
Markets covered: Greater China – Hong Kong, China, Taiwan.
The ideal candidate is an existing private banker and has at least 60%-70% of his/her key clients domiciled in the countries covered. Other candidates and client coverage may be considered.
ROLE REQUIREMENTS:
New Client and Business Development
- Grow client net revenue annually in core product areas: investment management, capital markets, real estate, and banking & lending.
- Create sales and marketing strategies designed to generate revenue growth and to acquire new target clients within different sectors.
- Prospecting – generate leads and develop prospects, network to identify referrals to new clients/prospects.
- Profile, qualify and convert prospects into clients.
- Identify and execute on new business opportunities with existing clients.
- Orchestrate appropriate specialist resources to develop tailored, long-term solutions for clients/prospects.
- Present and communicate to clients/prospects complex financial concepts and investment strategies in a way that is easily understood.
Relationship Management
- Serve as the client’s advocate and trusted advisor (primary contact) for strategic advice on financial matters.
- Create, organise, and implement a wealth management strategy designed to deepen relationships with existing clients.
- Manage client expectations regarding service and deliverables.
- Ensure financial strategies are kept current and appropriately aligned with client objectives.
- Understand and communicate the risk involved with financial and investment strategies.
- Ensure all client inquiries and problems are handled effectively and resolved.
- Help team members to acquire experience and establish credibility with clients.
Compliance Oversight and Controls
- Comply with all regulatory policies and control procedures regarding client transactions and suitability.
- Oversee and ensure clients are on-boarded appropriately including all required documentation is complete and accurate.
Experience
- 3 to 5 years minimum industry experience.
- Established client base with existing AUM.
Qualifications
- SFC or MAS licensed.
- CWM or other designation a plus.
Languages
- English, Mandarin (preferred), Cantonese (preferred).
Roles Details
- Primary Location: Hong Kong or Singapore
- Schedule: Full-time
- Education Level: Bachelor’s Degree or higher
YOUR BENEFITS
- Flexible
- Better Economics
- Tailored Fees
- Equity Participation
- Full Support
- Investment Advisory Desk
- Deal Flow
- Tactical Ideas
- Unrestricted View
- Large Range of Providers
- Independent
- Scale
- Fun Culture
YOUR CLIENT BENEFITS
- Competitive Pricing
- Broader Access
- Research
- Buy Ideas
- Discretionary Portfolios
- Investment Advisory
- VIP Client Events
PRODUCTS
- Discretionary Portfolio Service
- Bespoke Portfolio Mandates
- IPO Allocations & New Bond Issues
- Real Estate Opportunities
- Co-Investment Opportunities
- Differentiated Investment Funds
- Mortgages
- Insurance Solutions
- Institutional Solutions
PLATFORM FEATURES
- Open Architecture, Access & Pricing
- Full Product Suite including Credit Facilities
- 24 hours Trading Platform
- Online Access
- Investment Advisory Desk
- Research Desk
- Multi Valuation “Balance Sheet” Solution
- Full front, Middle and Back Office Support
If you would like to apply for the role, or have questions, contact us here.
About Us:
The Odyssey Group Ltd is Asia’s leading international Alternative Asset Manager providing differentiated and bespoke investment solutions across multiple asset classes, including alternative credit, real estate, private equity, and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest with its clients.
The Odyssey team comprises over 40 experienced asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors, each with an average of 25 years of financial, execution and operational experience across the Asia Pacific, Europe, and North America. This experience allows the Odyssey team broad regional industry expertise, insight into global macro and geopolitical trends, and a powerful network of global relationships. When clients partner with the Odyssey Group of companies, they benefit from the breadth and depth of expertise with the entire firm working in unison to achieve a targeted outcome. Our innovative approach allows us to generate attractive investment returns within the context of a prudent and long term horizon.
Odyssey employs the highest quality people as partners in our business while pursuing the highest standards long-term and aligning our interests with our investment partners. It is our mantra to be the ‘trusted partner’ for our clients’ needs.
Sep 5, 2019 | Uncategorized
As Japan continues to experience exponential growth in tourism, tourists are more frequently leaving the major cities and venturing out into the various islands, hidden away prefectures and charming outer regions. Fukuoka prefecture, in the southern part of Japan is where Odyssey has its first planned historical building acquisition, specifically in the port town of Port Moji. Odyssey’s strategy to acquire and convert this one-of-kind historical building with the help of famed interior designer Hashimoto Yukio, will create a stunning boutique hotel that will support the recent gentrification of the area and the city’s rise as a popular tourist destination.
It is also encouraging to see that Odyssey’s efforts, coupled with Hashimoto’s clout, will have an effect on the prefecture as a whole and not just the town. As seemingly never-ending numbers of international tourists flock to Japan’s shores and domestic tourists continue to explore their beloved homeland, its no surprise that the industry is thriving and expanding to all corners of Japan.
A recent broadcast on the NHK television network on the Japan Railway Journal named ‘Nishi-Nippon Railroad: Fine Dining on an Even Finer Tourist Train’ is an insight into the potential for growth in the tourism industry in the under-marketed and under-invested regions of Japan. In March 2019 the Rail Kitchen Chikugo opened a route which ends in the town of our future acquisition – Port Moji; this route lets tourists see more of the prefecture of Fukuoka while sampling local cuisine on the way. The news broadcast reveals how much tourists thoroughly enjoy the experience and Port Moji.
The unique tourist experience mentioned above is another reason why the Japanese tourism market continues to grow and expand across Fukuoka and, indeed, the country. Odyssey’s strategy continues to be to identify growing areas and work with local experts and talent and we see this news story and the new railroad as yet more confirmation of our predictions and winning strategy, as Port Moji’s growth into another amazing tourist getaway continues.
If you would like to see the entire story please watch the video here –} 
For the specifics of Port Moji please jump to 22:30 in the video.
Sep 3, 2019 | Press Releases, Uncategorized
Odyssey has cultivated a robust and esteemed intern program that has seen the company train and mentor +40 interns over the last 24 months. The Odyssey Group has been rapidly growing and expanding throughout the region and continues to look for aspiring interns who want to be challenged, can multi-task and take the lead on key projects.
During your internship at Odyssey, we will put you on real projects from the start, developing your natural talents and providing you with insights that will change the way you look at all aspects of the alternative asset management industry. You will work with all levels of management and projects. It will be challenging and engaging, so we are looking for ambitious, entrepreneurial students who have self-drive and a good attitude.
Odyssey is a global company, and our people can be working in one of our many offices, or in some instances, members of our team can work remotely. If you have an interest in being part of our internship Program, and believe you possess the right drive and character, then please get in touch with us via interns@odysseycapital-group.com
Aug 21, 2019 | Press Releases, Uncategorized
Partnerships
Odyssey has recently partnered with New York-based Cadre, a technology-enabled real estate investment platform, to allow Odyssey’s private wealth management clients to invest in Cadre’s syndicated property opportunities.
Cadre leverages technology to make it easier and less costly for individual investors and institutions to buy stakes valued from just US$100,000 USD in institutional-quality U.S. commercial and multi-family real estate. Cadre’s investment opportunities target superior risk-adjusted returns with an emphasis on cash flowing real estate driven by differentiated sourcing, data-driven diligence, increased transparency and flexibility for investors.
Led by CEO Ryan Williams and a team of professionals from premier investment firms including Blackstone, Goldman Sachs, Morgan Stanley, Dune, and GEM Realty Capital, Cadre has invested in transactions totalling more than US$2.5 billion in transaction value since launching.
Through the partnership, Odyssey’s clients will be able to use Cadre’s platform to select institutional- quality U.S. commercial and multi-family real estate investments vetted by Cadre’s experienced team.
Odyssey’s partnership with Cadre highlights sustained interest by Asia Pacific based clients in accessing institutional-quality commercial and multi-family real estate investment opportunities in the United States.
About Cadre
Cadre is a technology-enabled real estate investment platform that provides qualified individuals and institutions access to fully vetted commercial real estate opportunities. Cadre enables investors to gain exposure to the asset class in a fee-efficient, transparent manner. Cadre has invested in transactions totalling more than US$2.5 billion in transaction value to date and has closed on more than US$130MM in corporate funding from backers including Andreessen Horowitz, Khosla Ventures, Ford Foundation, Thrive Capital, and General Catalyst.
www.cadre.com
Jul 5, 2019 | Press Releases, Uncategorized
[Foreign tourists in Japan visiting rural areas like Kanazaka, no longer limiting themselves to metropolitan cities such as Osaka and Tokyo. (Photo by Nobuyoshi Shioda)]
From Nikkei Asian Review:
“Foreign tourist consumption in Japan — including travel expenditures while in the country — totaled 4.5 trillion yen in 2018, up about 30% from 2015. Consumption in rural areas soared at a much faster pace, nearly 60%, during the same period.
More foreign tourists are finding their way out of the Tokyo, Nagoya and Osaka metropolitan areas. In 2018, 18 million foreign tourists trekked into rural areas, about 5 million more than those who simply enjoyed city indulgences. The gap is wider than it was in 2015, when 10.2 million foreign tourists ventured into the countryside and 9.5 million contented themselves in one of the big burgs.”
Read the full article on Nikkei Asian Review here.
Click here to download the full article.
Odyssey Asset Management Limited
Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.
Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.
The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.
For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.
Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477
