Jersey in Asia: September Highlights
Key Contact
Yiow Chong Tan › Director – South East Asia
email › / profile ›
Our first Asia event for September was hosted in partnership with Apex, aimed at providing a comprehensive understanding of Jersey as a jurisdiction for funds. Led by our Market Development Consultant – Asia, Maria McDermott, the event explored the technical aspects of Jersey fund structures.
Liana Wang, Client Relationship Manager at Apex, also delivered an insightful presentation, offering an introduction and overview of Jersey’s investment fund structures. She highlighted Apex’s expertise and the advantages of leveraging Jersey as a base for global fund management.
The event also examined the emerging markets in Japan and India, which are currently gaining attention as key investment topics, further enriching the discussion on Jersey’s robust investment environment.
In Hong Kong SAR, we hosted an insightful event in partnership with Ocorian. Led by Maria McDermott, our Market Development Consultant – Asia, guests gained valuable insights into the role of trusts and foundations from a Jersey perspective, specifically tailored for family offices. The event delved into the strategic advantages of Jersey’s trust structures, emphasising their flexibility and robustness in managing and preserving family wealth across generations.
Following an overview of Jersey’s unique offerings in trusts and foundations, Ocorian’s Executive Director, Private Client, Grant Barbour, alongside Director, Head of Trust Services and Resident Manager, Shawn Wang, explored the fundamental differences between Jersey trusts and foundations in wealth management and succession planning. They discussed the practical considerations for clients choosing between these two options, as well as the unique features and benefits of each structure.
Jessica Cutrera, President of Leo Wealth, also covered asset allocation planning for fiduciaries, focussing on income planning for beneficiaries, portfolio strategies amidst geopolitical uncertainty, and investing for multiple generations.
We were delighted to partner with Ocorian and Seyfarth to host an event exploring the technical aspects of Jersey trust structures and their use for holding assets.
The event delved into the strategic use of Jersey trust structures and foundations to navigate the complexities of wealth planning and asset holding. It focussed particularly on the technical aspects of these structures and the implications of US law, especially in cases where structures have US passport holders as beneficiaries. The event also covered recent US tax developments and the potential impact of the US election on US tax rules.
Guests heard from Maria McDermott, our Market Development Consultant – Asia, Grant Barbour, Executive Director, Private Client at Ocorian, and Alan Yoshitake, Head of Trusts and Estates at Seyfarth.
We were pleased to connect with old contacts and new at our Shanghai Connect Networking Reception on Tuesday 24 September, led by our Market Development Consultant – Asia, Maria McDermott.
Building on the success of our previous networking receptions in the region, the evening provided an excellent opportunity for guests to network and share insights with fellow professionals from the financial services industry.
In Malaysia, we partnered with Lee Hishammuddin Allen & Gledhill (LHAG) to host an exclusive roundtable to explore Malaysia’s wealth management landscape and discuss current trends, key challenges, and the future outlook.
Led by Yiow Chong Tan, our Director – South East Asia, the roundtable also explored the tax considerations and investments trends for ultra-high net worth individuals and family offices based in Malaysia.
