Friday, 18 May, 2012

Vistra maintains course in difficult times - May Newsletter (edition 17)

Economic headwinds appear to be returning to many parts of the world again, as political risk enters the mix and for many, the next few months are bound to be nervous times. However, our clients' businesses are built on long term foundations and with long term objectives in mind.  At Vistra, too, our perspectives are focussed on the long term and as a result, in this our latest newsletter, I am delighted to bring more news of our progress towards the goal of creating a world-leading player in the corporate services, trust and fiduciary industry.

In this issue you will find details of our two latest acquisitions in Europe, that of FTC Trust and HT Group which will strengthen our growing operations in the Benelux countries.

There is also news of our office opening in Mauritius, which we believe gives us an important base from which we will be able to serve the needs of clients looking for corporate structuring solutions in two of the world's most dynamic economic regions, Africa and India.

Our Funds section has details of an important new addition to Vistra Fund services' portfolio of products with the launch of the Privium Capital Fund, which combines a Cayman based umbrella fund with a facility to set up segregated portfolios or sub-funds from a choice of four major jurisdictions - Hong Kong, Cayman, The Netherlands and the UK.  In addition, our Luxembourg fund team describe recent changes affecting Luxembourg based Specialised Investment Funds.

I am also delighted to announce the launch of our Nordic Team who will give an inaugural seminar in Gothenburg on 23th of May.

This month, our "Spotlight on" series looks at the best place to drop anchor and register your superyacht and we look in depth at the growing range of opportunities for structuring in the Middle East. Our Dubai office looks at the pros and cons of UAE based Freezone companies, mainland companies and offshore vehicles.

Thanks to our highly motivated team of professionals and these important new initiatives, I am confident Vistra remains firmly on course.

I hope that you will enjoy this newsletter.

Bart Deconinck
Executive Chairman