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Company
History Brief
Global
Asset Allocation Limited
and GAA Investment Funds Limited
Global
Asset Allocation Limited (GAA) is an independent fund management
company based in Bermuda.
GAA
provides investment management services to sister company, GAA Investment Funds
Ltd (GAAIFL), pursuant to section paragraph 2(1)(ix) of the Schedule
to the Investment Business Act 1998.
GAAIFL
itself is classified as a Bermuda Standard Scheme under the Bermuda
Monetary Authority (Collective Investment Scheme Classification)
Regulations 1998 and has been granted the corporate power and authority
by the Bermuda Monetary Authority (BMA) to conduct business as a mutual fund.
In turn, as an 'umbrella trust company', GAAIFL prepares and issues
its own underlying fund prospectuses in accordance with Bermuda law
and makes its funds available to investors via an international
network of Independent Financial Advisors (IFAs).
Click here
for confirmation that GAAIFL is listed as a Classified Collective
Investment Scheme by the BMA under its
'Authorised Investment Funds' listing.
GAAIFL
employs Bermuda Commercial Bank Limited (BCB) in Bermuda to act as
the Custodian to its international funds. There are only four
licenced banks in Bermuda who are authorised to provide this service
in Bermuda.
Click here
for confirmation from the BMA's website that BCB is licenced to do
so.
GAAIFL
employs International Corporate Management of Bermuda Limited (ICMOB)
in Bermuda to act as the Fund Administrator to its international
funds. The BMA requires that a Fund Administrator be recognised
under section 9(1)(b) of the Investment Funds Act 2006.
Click here for confirmation from the BMA's website that ICMOB
complies with this regulation.
In
conjunction with specialist joint venture partners, the Principals
of GAA have been designing contemporary investment solutions for
onshore and offshore markets since 1990. These solutions have provided
the international investor with viable global investment opportunities
designed to compliment existing investments holdings and portfolios,
and have resulted in funds based in several offshore jurisdictions
including Cayman Islands, Bermuda, Guernsey and Labuan, Malaysia.
GAA
identifies the needs of the international investor based on current
and specific global market trends and conditions, bringing together
top managers, administrators and financial service providers in
order to engineer innovative investment strategies.
GAA
continues to stay one step ahead by designing structured financial
programmes to meet the ever-changing needs of the discerning investor.
The Philosophy of GAA can be summed up as ‘Risk Management
through Asset Allocation’. This is reflected in the diverse
but complementary investment and risk management structures provided
by GAA through its choice of varying asset classes and core investment
holdings used in the solutions it provides.
GAA Direct Limited
GAA Direct Limited is a financial brokerage and distribution company
licensed in Labuan, Malaysia, by the Labuan Offshore Financial
Services Authority (LOFSA) and endorsed by the Malaysian Ministry of
Finance.
It has successfully designed a range of financial products
underwritten by the offshore arm of Malaysia's largest composite
insurance company, resulting in Malaysian
and international investors being able to access GAA funds via a
single premium insurance 'investment linked' wrapper underwritten in
Labuan, Malaysia, South East Asia's premier offshore financial centre.
Click here
for confirmation that GAA Direct Limited is licensed to carry
out offshore insurance-related activities by the Labuan Offshore
Financial Services Authority.
Global
Asset Allocation (S) Pte Ltd
Global Asset Allocation (S) Pte Ltd (Singapore Company
Registration Number: 200709410C), is a company incorporated and
established in compliance with the Monetary Authority of Singapore
(MAS) guidelines with regards to the fund management industry in
Singapore.
Pursuant to the Securities and Futures Act and Financial
Advisers Act (and its respective regulations),
Global
Asset Allocation (S) Pte Ltd is exempt from
licensing in Singapore on the basis that its business is limited to
the maximum number of qualified clients as determined and permitted
by the regulations.
Click here
for confirmation that
Global
Asset Allocation (S) Pte Ltd enjoys exempt fund
manager status in Singapore in compliance with MAS guidelines, as
detailed in the
MAS Financial Institutions Directory
online.
Stewardship Function
JEREMY SMEETON
is Managing Director of Global Asset Allocation Limited, GAA
Investment Funds Limited, GAA Direct Limited and Global Asset
Allocation (S) Pte Ltd.
Formerly Executive Director of Pesaka Capital Corporation,
he sits on the board of several unit trust and mutual fund companies.
Mr Smeeton has worked in the offshore financial services industry since 1987
and is responsible for the design of a range of financial instruments
which have been successfully distributed throughout Europe, the Middle East,
Africa and
Asia.

CARL BUTLER

is
a Director of Global Asset Allocation Limited, GAA Investment
Funds Limited and Global Asset Allocation (S) Pte Ltd and is also Chief Operating
Officer of GAA Direct Limited.
Mr Butler has
spent more than 25 years in the management of companies in both the
automotive and financial services industries. He
has worked
in international sales, marketing and distribution in the UK as
well as in the Middle East, Germany and
Korea. He has worked in the offshore financial
services industry since 1996.
JOHN
COLLIS
is a Director
of Global Asset Allocation Limited
and GAA Investment Funds Limited. He is also a Partner in Messrs Conyers Dill & Pearman, Barristers and
Attorneys, Hamilton, Bermuda. Mr Collis received a Bachelor of Commerce
Degree from McGill University, Canada and a Bachelor or Arts (Jurisprudence)
from Oxford University, England. He is a member of the Bar of England
and Wales and of the Bar of Bermuda. Dawn Griffiths, a corporate
associate with Conyers Dill & Pearman, has been appointed Alternate
Director to Mr Collis.
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