Select a region
Ravenscroft has formed a partnership with Tavira which already has an office in Moncao as well as in London and Dubai.
The joint venture will be branded Tavira Ravenscroft.
"This is incredibly exciting news for Ravenscroft. A core part of the company’s long term growth strategy is to offer our range of services in jurisdictions which share similar characteristics to the Channel Islands where we are very proud to have our headquarters," said Ravenscroft Group Managing Director Mark Bousfield.
"That growth will come organically, through acquisitions and through finding like-minded partners as we have with Tavira. Over the last decade, we have been building Ravenscroft, expanding our services and adding the right calibre of staff across all parts of the business to allow us to export the model, which has delivered the success we have enjoyed to date, to other jurisdictions. Tavira Ravenscroft will offer our key services such as execution only trading, advisory investment and discretionary investment management to Monaco’s residents."
Eliot Goodfellow, Founder and CEO of Tavira, said the joint partnership brought benefits to both companies: "We recognised there was a need for a different investment approach for Monaco residents and so we are delighted that we have found a partner in Ravenscroft which will allow us to expand our offering to not only our existing clients, but prospective ones as well."
Pictured top: Mark Bousfield
Comments
Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.