Miltrust International launches East West Private Wealth - a global multifunctional office with a focus on sustainability for family trusts.

LONDON and SINGAPORE, October 4, 2023 (GLOBE NEWSWIRE) - Milltrust International, an award-winning investment manager based in both London and Singapore, today announced the launch of East West Private Wealth ("EWPW"), a multifunctional family office focused on sustainability, emphasizing the protection and investment of assets for families prioritizing sustainability and impact.

A new independent platform for consulting and managing investment assets will enable families and entrepreneurs to achieve long-term financial security and real sustainable impact through a new approach.

Simon Hopkins, founder of Milltrust and chairman of East West Private Wealth, comments:

“EWPW aims to provide market-independent returns while addressing the most pressing issues of our time, including the development of emerging economies, the promotion of new technologies, and the fight against climate change.”

“The financial industry is shouting about the need for innovation and investment themes. Too often, it’s the same pitch trying to fit clients into one of a few model portfolios. There is too little detail or transparency here,” adds Hopkins.

EWPW offers clients an investment approach based on skills, drawing on more than 13 years of successful solutions for families, which are consistently recognized by private banks and family offices at the WealthBriefingAsia Awards, where Milltrust was named the best management company for serving family offices and private banks in China, as well as at the WealthforGood awards, where Milltrust received three separate awards in 2023.

With offices in Singapore and London, as well as a presence in Geneva, Monaco, and the UAE, EWPW utilizes a powerful roster of leading boutique managers from around the world, structured as individually managed accounts for our clients, providing invaluable liquidity and transparency combined with international-level banking relationships.

This allows EWPW to become a leading offering for families and entrepreneurs seeking wealth management solutions in Singapore and beyond, combining investment management and advisory, legacy and wealth planning, trust management and administration, commercial banking, as well as philanthropic and strategic giving.

Thanks to existing investment platforms like Milltrust International, such as the British Innovation Fund II, the award-winning Climate Impact Asia Fund, and its high-yield Global Emerging Markets Fund (GEMS), EWPW has the advantage of an unparalleled network of institutional-level investment expertise.

Closed investments are supported through collaboration with the top eight universities in the UK, Climate-KIC, and Enterprise Singapore, with which Milltrust partners to promote technological innovations, having made over 80 successful investments in startups over the past decade in areas such as healthcare, global food systems, and waste management.

EWPW today offers non-cyclical investment opportunities, including venture capital, fixed-rate funds, and direct impact co-investments, while also providing all standard classes of liquid assets in collaboration with top partners around the world.

“Leveraging a proven ability to operate across various asset classes and geographies, EWPW offers truly customized investment solutions that take into account return requirements and personal impact ambitions through a flexible platform that provides access to the best investors based on skills in the world,” explains Alexander Kalis, the group’s CEO and head of investments.

All these activities will be carried out by a team of investment professionals with real-world experience, who combine personalized client relationships with exceptional coverage of various asset classes and geographies.

Simon Hopkins, the founder and chairman, has 30 years of experience in leadership positions at UBS Warburg, HSBC James Capel, and Nomura, before founding and leading several successful financial services companies focused on investment solutions for institutions and family offices, including Fortune Asset Management (now part of Close Brothers Group plc) and Milltrust International. Simon previously served as the principal director of the One Belt One Road investment fund at CITIC Investment Partners, which invests in Asia, and Novare Fund Manager, one of the largest local asset managers on the African continent.

Gary Dugan, Chief Investment Officer at EWPW, is an experienced investment professional with over three decades of experience in Europe, the Middle East, and Asia. He has held positions as Chief Investment Officer at Barclays Private Bank, Emirates NBD, and Coutts, as well as leadership roles at Merrill Lynch and JP Morgan, before founding the Global CIO Office.

Finally, in Singapore, long-term Milltrust director and experienced fund manager Dennis See leads the affiliated company EWPW - First Estate Capital Management. Dennis founded PointWorth Management, the first unregulated fund manager in Singapore, and held leadership positions at Indosuez and Chemical Bank (now JP Morgan) in Singapore.