China and Hong Kong-based Haitong International Securities has set up a global family office.
It will offer services including wealth inheritance planning, core asset management, capital preservation and growth of liquid assets, investment advisory and discretionary portfolio management.
“The launch of the global family office business is another key milestone for the development of Haitong International Private Wealth Management,” said Sean Chen, managing director and executive committee member at Haitong International.
Hire
Roger Teow, a private banking veteran, has been appointed the Asia head of Haitong’s global family office and Singapore head of private wealth management business.
Prior to joining Haitong International, Teow was an ultra-high net worth relationship manager at Julius Baer. He has also worked at Bank of China, HSBC and Malaysia’s AmInvestments, as well UBS Wealth Management, where he was head of investment and hedge funds, and private equities.
Teow said: “Haitong International’s leading edge in investment banking, combined with its comprehensive financial service platform and in-depth understanding of the needs of entrepreneurs have all contributed to a strong foundation in favour of the development of its family office business.”
Haitong International, together with its subsidiaries, has an established presence in Hong Kong and an expanding global network. It has about 200,000 corporate, institutional, as retail and high-net worth clients worldwide.
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