“China, and in fact the wider Asia region, is a major player in global investment in infrastructure projects around the world,” Scott told delegates. “Cayman is an excellent extender of value for businesses in these markets, pooling capital from around the world for investment in assets and projects in developed and developing countries.
Interestingly, Scott’s comments come at just the time that the Cayman Islands has appointed a new governor, Martyn Roper, whose previous professional role was as minister and deputy head of mission for the U.K. in Beijing, China. His presence will surely further encourage Chinese investors to make the most of the autonomous region’s world class regulatory standards and financial management industry.
Crucially, the move means that Grand Cayman wealth management services providers are likely to see the territory become an even more attractive jurisdiction to expat investors and those seeking favourable wealth management options for the optimisation and diversification of their assets: Chinese investment opportunities are going to be a big part of global economic growth over the next few decades.
Wealth Management in Grand Cayman
The Cayman Islands is attractive to all kinds of institutional, government and private investor. This is because of its commitment to world-class levels of regulation and innovation.
Blacktower FM has its finger on the pulse and can help you from its office in George Town. From pension planning and pension transfer schemes to savings, investments and tax planning – we cover the full spectrum of Grand Cayman wealth management concerns. For more information, contact us today.