Wawasan

Golden Equator Group to focus on asset growth, building inter-generational ties

Golden Equator Group has refreshed its business structure, putting a renewed focus on building linkages between the older and younger generations of wealth owners.

It aims to grow its assets under management (AUM) to US$1 billion over the next couple of years, from the current “integrated” asset size of US$600 million, which includes wealth assets and private capital funds.

Golden Equator Group has two main business pillars – capital and community. Most of the AUM sits in the capital segment, comprising the multi-family-office (MFO) service under Golden Equator Wealth, and private capital funds under Golden Equator Capital.

To beef up the MFO business, the firm roped in two finance veterans last year. Formerly with Credit Suisse, Rai Rummaan Kharal joined as a managing partner of wealth and capital, and Haroon Tufail as an executive director. They are part of a plan to grow the team of family office advisers.

Says Golden Equator founder and Group CEO Shirley Crystal Chua: “With more senior family office advisers on board, they bring strong in-market and regional experience, and, where it makes sense, they will explore the possibility of establishing our presence in other markets.”

To read the full article, click here.

Share this story:
Life Insurance for Ultra High Net Worth Individuals in Asia
An increasing number of UNHWIs consider life insurance to be an integral component of succession planning as they recognise the risk of unexpected emergencies or...
Trusts – How Can A Trust Support the Preservation of Family Legacy
What exactly is a Trust, and how can it be used as a tool for legacy and wealth preservation?...
Dengan masuk dan menggunakan GE360, Anda setuju dengan Syarat & Ketentuan dan Kebijakan Privasi GE360 kami. Syarat & Ketentuan dan Kebijakan Privasi.