As part of its global growth strategy, Jersey based Nautilus Group, has opened an office in Hong Kong.
The addition of Nautilus Fiduciary Hong Kong Limited to the Nautilus Group will see the company strengthen its team by 12, bringing the number of Group employees to 89. The establishment of a Hong Kong presence closely follows the foundation of Nautilus Fiduciary Mauritius Limited in early December 2013.
‘Nautilus’ move into Hong Kong allows us to continue offering exceptional service across multiple jurisdictions to our increasingly globally mobile client base,’ said Jason Cowleard, managing director of Nautilus Trust Company Limited. ‘Our move into Hong Kong was also a strategic business decision due to its growing influence as a gateway to Asia. Hong Kong’s Trust Law (Amendment) Bill 2013, which came into operation on 1st December, has brought the Hong Kong legislation much more in line with the equivalent laws in Singapore and England and looks likely to drive business back into Hong Kong from other jurisdictions.’
Nautilus was incorporated in 1999 and has grown from a team of two to 89 through organic growth and a series of acquisitions, including the acquisition of New World Trustees (Jersey) Limited in March 2013 and the establishment of Nautilus Fiduciary Mauritius Limited in December 2013. Nautilus is an independent trust company based in Jersey and boasts a client-focused team offering flexible solutions to clients around the world. The company specialises in the establishment and management of trusts and companies, and also offers an exhaustive list of comprehensive financial solutions to assist with wealth management.
‘Our clients’ best interests are very much at the centre of our business strategy. This move, into a second jurisdiction, gives our clients access to an even greater number of jurisdiction specific experts, ensuring that we’re offering a truly global service,’ added Mr Cowleard.’
Category: Finance & Business