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MFO Rosemont seizes opportunity from Monaco to Mauritius

MFO Rosemont seizes opportunity from Monaco to Mauritius

By Staff Writer - April 4, 2017

Mauritius is 855 km east of Madagascar. Photo: Peter Kuchar
Mauritius is 855 km east of Madagascar. Photo: Peter Kuchar

The well-known multi-family office (MFO) and corporate services provider, Rosemont International, with its headquarters in Monaco, has opened an office in the Indian Ocean country of Mauritius, which has become an important base for investors targeting Asian countries.

Although Mauritius has a population of just 1.3 million, the island state was the largest foreign investor in India in 2016, accounting for “21 percent of the total invested in that country from outside of it last year”.

Rosemont’s new outpost will be known as Rosemont Management (Mauritius) Ltd, and its head will be Douglas Peters. Rosemont said it will offer “a full range of Mauritius company and foundation formation, corporate structuring and administrative services to clients located principally in Africa, but also in the Middle East, Europe and Asia, if and when appropriate.”

Rosemont offers yachting management plus more traditional wealth management services including tax and estate planning.

Rosemont International also has offices in Hong Kong, Singapore and Vietnam.

 

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