Argentex LLP (‘Argentex’), a leading FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, is pleased to announce the signing of an exclusive foreign exchange (FX) partnership with International Sports Management (‘ISM’), a sports management company based in Cheshire, England, that represents leading figures from golf, rugby and show jumping.
ISM was founded in 1989 by former European Tour golfer Andrew Chandler. Its clients include golfing champions Louis Oosthuizen, Darren Clarke and British rising star Matt Wallace.
In providing foreign exchange services to clients across the globe, Argentex has developed a bespoke suite of online capabilities, structured products and experts. This partnership will allow players past and present to take advantage of Argentex’s secure and bespoke Private Client services when exchanging currencies.
Harry Adams, Group Co-CEO, Argentex said: “We are looking forward to working with the players that ISM represents and to provide them with independent advice and FX services to help them manage their finances effectively. Professional sport stars are businesses in their own right and cannot be expected to be administrators or accountants as well as be at the top of their game and this is where Argentex can offer support and expertise.
“We understand the unique FX needs of professional sportspeople who are performing on the global stage, having worked with sports management firms for many years. The philosophy of ISM and the quality of sportspeople in their stable makes this partnership a natural fit, and we are excited to begin building a relationship.”
2018 was a breakthrough year for Argentex client and European Tour Player Matt Wallace as he climbed from 139th in the world to 44th after winning titles in India, Germany and Denmark. He also put himself in the Ryder Cup mix and ensured he will play all four majors this year. Wallace was runner up at the season ending DP World Tour Championship and with nearly €3m earned, he finished 10th in the Race to Dubai.
Matt Wallace comments: “After a successful 2018 in which all of my winnings were paid in foreign currencies, mainly euros, I have suddenly found myself with frequent money transfer requirements. Argentex are known for being a trusted currency specialist and I have been reassured by their advice and ability to time my transfers to ensure I receive the best possible rates. I’ve had a strong start to 2019, placing second in Dubai, and am looking forward to seizing the opportunities in the year to come. Argentex’ support and advice on my FX requirements means I can remain completely focussed on my game.”
For further information, please contact:
Ed Berry / Antonia Powell, FTI Consulting
0203 737 1046/1485
Argentex is a leading FCA regulated provider of foreign exchange services across EMEA. It offers voice broking, an online platform and consultancy services for corporate, institutional, and private clients. Backed by Sir John Beckwith’s Pacific Investments, Argentex transacted over $10bn of currency in 2017 and is one of Europe’s largest owner-managed foreign exchange specialists. It was founded in 2011 and headquartered in London with an office in Dubai.