The Dubai-headquartered company is now in union with the multi-family office to provide ongoing support for its offshore products.
Chief executive of Globaleye, Tim Searle, said: “I think the crisis in Crimea and the destabilization of Putin is reminding investors, particularly Russians, that they need a safe haven for their money.
“Most people are thinking about how they can make sure their money is secure, so an increasing number of people are thinking of keeping it in a jurisdiction which is properly regulated and has more security than Moscow.”
Searle added: “Fortu has some offshore planning solutions but they weren’t getting the service they wanted, so we thought we could offer additional value by managing some of their assets.”
Globaleye is also currently in talks with other firms to create more alliances around the world.
“Vibrant market”
Meanwhile, the wealth management company has announced the opening of a new office in Zurich which serves to complement its existing office in Geneva, which opened in 2012.
The firm currently has six advisers based in its new office, licensed by the Organisme D’Autoregulation des Gerants de Patrimoine, and is looking to expand to answer the demand for financial advice in this region.
Searle said: “Initially Geneva was our target market, but what tends to happen is our clients move somewhere else and more and more we saw that there was a reason to provide advice on a permanent full-time basis in Zurich.
“We see Switzerland as a very vibrant market,” he said. “With people coming from all over the world we recognise the need for advisers who can operate at different levels, both locally and internationally, giving a multi-faceted approach to our clients.”
