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PE firm joins forces with Swiss wealth manager to launch Singapore MFO

By Robbie Lawther, 5 Jul 23

It will be headed up by a former Pictet Private Wealth veteran

Singapore

Tembusu Partners, in partnership with Reuss Private AG, has launched a multi-family office (MFO) Tembusu Wealth Management in Singapore.

It is led by private wealth veteran managing partner Jonathan Ng. He was formerly from Pictet Private Wealth, where he was the market leader for its southeast Asia wealth management unit.

Tembusu Wealth Management is jointly established with Zurich-based Swiss financial firm Reuss Private. Founded in 2000 by two Swiss private bankers Felix Brem and Roman Neff, Reuss Private Switzerland provides financial services, including asset management and investment advisory services catering to high net worth individuals and families.

Andy Lim, founder and chairman of Tembusu Partners, said: “We are delighted that Jonathan has chosen Tembusu and Reuss as his partners for the newly established multi-family office business. With his extensive experience of the wealth management landscape in southeast Asia, we are confident our multi-family office will provide exceptional service to high net-worth families seeking independent advice for their wealth preservation needs across generations.”

Ng added: “The financial landscape is constantly evolving, this new partnership platform unites the best ideas and expertise to create a tailored solution for each unique client, ensuring financial harmony and a legacy that lasts.”

Tags: Family Office | Singapore

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.