Jersey manages sophisticated bespoke wealth like no other place.
It is also a premier jurisdiction for foreign investment into the
UK, particularly real estate.
That was the message Collas Crill partners Marcus Hinkley and
Leon Santos gave to a diverse audience of investment managers,
bankers, trust companies, lawyers and accountants at three Jersey
Finance Limited roadshows held in Hong Kong, Kuala Lumpur and
The roadshow offered the attendees the opportunity to listen to
expert speakers on the areas of funds and capital markets as well
as private wealth. Jersey firms were well represented at the
events, either by their Asian offices or high level people from the
The overriding message from all the seminars was that Jersey has
a strong USP for quality, be it in its laws, infrastructure, and
above all, its people.
Marcus Hinkley said: "The message was received loud and
clear that Jersey rises above other jurisdictions in the level of
skill that its industry provides. This quality will put Jersey in
pole position to take advantage of the trend toward sophistication
of legal structures."
William Ahern, who is well known in Asia and who gave the
keynote address in both the Hong Kong and Singapore private client
seminars, echoed the point, warning that the days of
commoditisation of private wealth are dead but that Jersey has the
laws and people to take advantage of this.
The key message in the funds and capital markets seminars
focused on Jersey's leading position for companies listing on
the London Stock Exchange and for structuring UK real estate fund
and investment vehicles.
Leon Santos said: "Jersey has a high visibility in some
South East Asian countries, like Malaysia, and this is growing as
more Asian investors look at efficient and sophisticated ways to
acquire assets in the UK and Europe. By their nature, these
transactions need to stand up to scrutiny. Jersey has a reputation
as a centre of excellence for structures which require deep
expertise - human talent is its greatest asset".
Marcus concluded: "Jersey manages sophisticated bespoke
wealth like no other place. Well advised high net worth clients
must minimise jurisdiction risk - and Jersey has always been a well
regulated jurisdiction. It's not a tax haven, it offers prudent
transparency and compliant confidentiality. In the past 10 years
the market has been flooded by those wanting commoditised products.
Jersey has never done that and it's quietly prospered from high
quality work. In the next 10 years the masses will drop away and
discerning people will need what Jersey has to offer."
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