Jersey’s strengths as a centre for wealth management, company listings and fund servicing were showcased to over 500 stakeholders in key Asian markets last month, through Jersey Finance’s inaugural Asia Roadshow.
Between 17 and 26 November, Jersey Finance hosted a range of breakfast and lunch events in Hong Kong, Kuala Lumpur, Singapore and finally the United Arab Emirates, featuring a range of guest speakers who discussed trends in the private client, funds, and capital market spaces; including regulation, transparency, and how Jersey expertise and structures are increasingly being employed in an Asian context.
This inaugural Roadshow series builds on a ramped up program of activity in the Middle and Far East in recent months. In October, Jersey Finance held a media-roundtable in Hong Kong hosted by Jersey Finance’s CEO Geoff Cook to mark the fifth anniversary of having a presence there, whilst Jersey Finance has also sponsored and attended a variety of high profile events, including Super Return Hong Kong, STEP Asia in Hong Kong, the 5th International Capital Conference in Beijing, and the Euromoney Qatar Conference.
In addition, Jersey Finance has bolstered its presence in key Asian markets recently with the appointments of Yumei Zhang as Hong Kong-based Business Development Director, Greater China, and Garry Zhao as Project Manager at a new Launchpad office in Shanghai, whilst Charlie Barlow and Gary Hales have been made Business Development Directors in the UAE to cover the Middle East region and India.
Richard Corrigan, Deputy CEO, Jersey Finance, who spoke at each of the Asian Roadshow events, says: “The Roadshows gave us a fantastic opportunity to showcase Jersey’s strengths, build stronger awareness of Jersey, and engage directly with our valued contacts in Hong Kong, Kuala Lumpur, Singapore and Dubai. Not only did we see significant interest in attracting in excess of 500 delegates in total, but those who attended were key senior advisers. This is a real success and reflects the high esteem in which Jersey is held.”
“Bolstered by our recently expanded team across the Asian markets, Jersey is extremely well placed to capitalise on some significant opportunities, including in offshore renminbi structuring, the listing of dim sum bonds and property investments, as well as Islamic Finance. It’s clear from the events that compared to competitor jurisdictions, Jersey is considered a high quality jurisdiction with robust legislation, and this is important in an Asian context. Nevertheless, it’s vital we maintain a high level of visibility in these markets and the Roadshows have proven to be highly valuable in achieving that.”