Hawksford's CEO says firm takes another step in growth path with Singapore trust licence
With a Singapore trust licence now in its hands, the corporate, trusts and fund administration group says its growth ambitions are being fulfilled, with potential M&A deals down the line.
Hawksford, the international corporate, private client and funds business, aims to make good on a goal of doubling its overall size in the next three to five years having announced it can now provide trust services in Singapore. The firm has secured a licence in the Asia city-state.
The licence was issued by the Monetary Authority of Singapore and the development adds another string to Hawksford’s bow. This business has ascended rapidly after being formed from a £23.5 million (£30.5 million) management buyout from Rathbone Brothers in 2008. Dunedin, the private equity house, invested in the business, formerly known as Rathbone International Jersey.
Originally published by Wealthbriefing on 27 April 2017. View the full article here.
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