Bloomberg’s new Melbourne office a winner
February 03, 2016
Last night marks an exciting moment for Bloomberg Australia as we opened our new Melbourne office at 120 Collins Street, located just by the world famous Rod Laver arena – home of the Grand Slam tennis tournament.
Our new space – at the ‘Paris end’ of Collins Street – is in the heart of the buy-side and banking community in Melbourne’s buzzy, multi-cultural Central Business District, and across the road from our old premises in 101 Collins. We are thrilled with the state-of-the-art office, which has impressive training and multi-purpose rooms, and even a broadcast facility, allowing us to host more client training sessions, newsmaker events, and convene business and industry leaders.
The opening of a new Melbourne hub is exciting and another milestone for our business in Australia. In 2015, we welcomed more corporate and buy-side clients, many of whom are based in Victoria, with our multi-bank FX trading platform (FXGO), order routing tools (EMSX), and order management system for the buy-side, AIM. We also brought new customized local functionality to the Australian market across asset classes such as equities, fixed income and money markets.
Melbourne is a great buy-side center, home to many of Australia’s superannuation funds and asset managers, two of Australia’s big four banks, and many iconic brands and companies.
At the event last night, we were delighted to welcome special guest the Honorable Peter Costello, former Australian Federal Treasurer and the current chairman of Australia’s flagship sovereign wealth fund, The Future Fund. We were also honored to welcome Tim Pallas, MP Treasurer of Victoria, and many in the banking, investment, superannuation and corporate community.
Speaking at the event, Mr Costello stressed the increasingly global nature of business in commercial hubs like Melbourne stating, “The commitment of international firms such as Bloomberg to Melbourne and Australia demonstrates the strength and depth of the financial services and corporate sector in Australia, even during volatile market periods such as those being experienced today. Overseas companies want to do business here and Australian companies are increasingly looking overseas for growth and returns. It is a testament to the fact that the investment community and financial markets are more connected and more global than ever before.”
As we head into 2016, key focus areas for us at Bloomberg are to increase that global connectivity for Australian companies and investors while at the same time continue our efforts to bring product innovation to the local market.
Emily Gordon, Head of Australia & New Zealand, Bloomberg L.P.