{"id":2631,"date":"2023-02-03T23:11:11","date_gmt":"2023-02-03T15:11:11","guid":{"rendered":"https:\/\/mpl.hk\/?p=2631"},"modified":"2023-08-17T15:09:53","modified_gmt":"2023-08-17T07:09:53","slug":"doo-wealth-adds-a-newly-registered-hong-kong-trust-company","status":"publish","type":"post","link":"https:\/\/mpl.hk\/doo-wealth-adds-a-newly-registered-hong-kong-trust-company\/","title":{"rendered":"Doo Wealth Adds A Newly Registered Hong Kong Trust Company"},"content":{"rendered":"
HONG KONG<\/span><\/span>,\u00a0Feb. 3, 2023<\/span><\/span>\u00a0\/PRNewswire\/ —\u00a0Doo Group’s subsidiary company, namely, Doo Consulting Limited (“the Trust Company”) and a member of Doo Wealth, embarks on a momentous milestone with the successful registration as a\u00a0Hong Kong<\/span>\u00a0trust company pursuant to the Trustee Ordinance (Cap. 29 Laws of\u00a0Hong Kong<\/span>).<\/p>\n In addition to becoming a registered\u00a0Hong Kong<\/span>\u00a0trust company, the Trust Company currently holds a license to provide trust or company service business in\u00a0Hong Kong<\/span>\u00a0(“TCSP license”).<\/p>\n The Trust Company<\/b><\/p>\n The Trust Company as the trustee of a private trust arrangement acts as a custodian for trusts, estates, custodial arrangements, asset management, stock transfer, and beneficial ownership registration.<\/p>\n Asset Management<\/b><\/p>\n Based on the objectives of clients’ customized investment strategy, the Trust Company as the trustee makes investment decisions on behalf of clients. Alternatively, the Trust Company can help clients develop investment strategies while providing expertise and advice, encompassing portfolio construction, asset allocation and re-investment suggestions.<\/p>\n Our asset management services and solutions include, but not limited to, the following:<\/p>\n Custody Services<\/b><\/p>\n As trustee, the Trust Company’s specialized custody solutions complement other investment services, helping investment advisors and individual clients to fulfil a broader range of investment needs.<\/p>\n Custody Solutions<\/b><\/p>\n Institutional Custody<\/i><\/b><\/p>\n The Trust Company helps client organizations meet custody requirements and investor demand for transparency.<\/p>\n Investor Custody<\/i><\/b><\/p>\n It is important to work with a Trustee that specializes in and has the experience to administer a wide range of alternative assets as well as many different account types.<\/p>\n Types of Assets in Custody<\/i><\/b><\/p>\n While many financial institutions custody stocks, bonds and mutual funds, the Trust Company is an independent trust company that can custody both alternative and traditional assets.<\/p>\n Custody Services Benefits and Services<\/b><\/p>\n The Trust Company can assist institutions and advisors to take advantage of the growing investor demand for alternatives.<\/p>\n\n