Senior finance professionals in Asia heard about Jersey’s strength in funds, capital markets and private wealth at a number of events hosted by Jersey Finance in the Far East earlier this month.

Over 400 senior finance professionals including fund, corporate and private client practitioners, lawyers, investors and members of the advisory community attended a series of Jersey Finance breakfast or lunch roadshow events in Shanghai (3 November), Hong Kong (5 November), Kuala Lumpur (6 November) and Singapore (11 November).

Entitled ‘Mapping the Future’, the events built on the inaugural and highly successful Asia roadshows held in November last year and featured a number of expert speakers, including Joe Moynihan, Director of Financial Services for the Government of Jersey, and Jersey Finance’s Deputy CEO Richard Corrigan.

The events also featured a number of expert Jersey and Far East-based speakers and panellists, who discussed current fund, capital market and private wealth trends and the role of International Finance Centres within the global economy. Panellists also debated what the future might hold and how Asian investors with global investment ambitions can access Western markets through Jersey.

In addition to the roadshows, Jersey Finance also sponsored the major STEP Asia conference, held this year in Singapore on 11 – 12 November and which featured a private wealth breakfast briefing hosted by Jersey Finance. At the briefing, a range of private client issues were discussed, including automatic exchange of information and the growing use of technology in the private client sphere.

In conjunction with the Government of Jersey and UK Trade and Investment, Jersey Finance also co-hosted drinks receptions with the British Consulate in Hong Kong and Shanghai.

Commenting on Jersey Finance’s activity in Asian markets, Richard Corrigan, Deputy CEO, Jersey Finance, said:

“Our inaugural Jersey Finance Roadshows in Asia last year were extremely well received, and we were delighted to be able to return to mainland China, Hong Kong, Malaysia and Singapore to strengthen relationships with key contacts there. The reception we got was extremely positive and a good indication of how well Jersey is perceived in the Far East.

“It was clear through our events that due diligence, money laundering and tax reporting are still high on the agenda and Jersey’s robust approach in all of these areas is finding real favour amongst Asian advisers. Meanwhile, investors are still cautious about global regulatory upheaval and market volatility, and again attendees were impressed by the performance of Jersey’s alternative funds business, which has grown 15% over the past twelve months. This is particularly pertinent with Asian investors focusing increasingly on real estate and infrastructure investments.”