HONGKONG (Commodity Online): Asia has replaced London as a hub for sourcing funds by global companies and this is proven by the 2000 delegates already registered for the Mines and Money Conference in Honkong, according to Marcus Freeman, CEO of Canaccord Genuity Australia Ltd.
A fundamental shift in global capital markets towards Asia provides significant opportunities for investment banks and broking houses, prepared to invest time and resources in Hong Kong, he said. Both Hongkong and Singapore have become the key centres for managing the capital pool for investments abroad.
This year gold bull Eric Sprott, FortesMines CEO Nev Power, Chuck Jeanes of Goldcorp and Greg Robinson of Australia’s Newcrest are expected to speak.
“The conference has already developed into one of the most important global mining conferences and has once again attracted leading mining companies and industry veterans,” he said.
“Initially the conference only appealed to Singapore and Hong Kong-based investors, there has been increasing interest from Australian and North American investors as well. We are actively encouraging local and North American institutions to make the trek to Hong Kong for the event.
“The conference allows us to showcase to our clients the best opportunities from within the group of presenting companies, while enabling us to demonstrate our extensive global distribution reach.”
Mr Freeman said that international connectivity was increasingly important for business and Mines and Money Hong Kong provided an ideal forum to connect all these crucial points of the compass, while putting many new companies on the radar.
“Four years ago, we used this conference to showcase and demonstrate our reach into Asia, and today, we are using the Hong Kong Mines and Money event to connect our corporate clients into our distribution base globally,” he added.
“Based on this transition over the last couple of decades, our decision to open an office in Hong Kong four years ago was compelling.
“We are in the process of scaling up our sales team in Hong Kong to include coverage of US, UK and Canadian companies and under the stewardship of new Canaccord Asia CEO, Peter O’Malley, a significant Asian based Investment Banking capability is being installed.”
Mines and Money Hong Kong will run from 18 – 22 March prior to the Hong Kong Rugby Sevens.