Bedell Trust is strengthening its presence in Mauritius, widely recognised as an increasingly sophisticated international finance centre.
Bedell Management Services (Mauritius) Limited is a full service management company, providing corporate, trust and fund administration services. Its range of expertise complements the legal advice provided by Bedell Cristin (Mauritius) Partnership, which opened in November 2010 and has swiftly established itself in the region for its expertise in handling complex cross-border transactions.
Bedell Management Services (Mauritius) Limited will be led by Yuvraj Juwaheer, who has over 15 years’ experience in the global finance business sector. Yuvraj was a member of the Mauritian government steering committee set up in 2004 to consider opening the island to international law firms, and was an independent director on the board of a number of Indian funds. He and his team offer a potent combination of local knowledge and the wider, worldwide resources of Bedell.
“Mauritius is a key location for Bedell Trust. OECD ‘whitelist’ status recognises its adherence to best international financial standards, it benefits from many double tax treaties and is a politically stable base for investment into the attractive markets of India, Africa and the Far East,” says Yuvraj. “Bedell Trust’s clients have been showing a keen interest in the services we can provide from Mauritius.”
He adds that Bedell Trust’s worldwide recognition as a leader in its field opens many doors in the region.
Commenting on the opening of Bedell Management Services (Mauritius), Michael Richardson, Executive Chairman of Bedell Trust said, “Our strong presence in Mauritius is of great value to clients hoping to invest in South Africa, India and the Far East. Yuvraj’s extensive experience and unmatchable local network provide considerable benefits to our clients and to our business worldwide.”
Selected, in 2011, for the Top 25 Most Admired Companies list compiled by Private Client Practitioner, Bedell Trust has recently been named Owner-Managed Trust Team of the Year in the STEP Private Client Awards 2011/12.