Spotlight MAURITIUS Offshore finance Issue dated 02/09/2020

Axis wants to burst into Mauritian trust market

Rogers House in Port-Louis, headquarters to the Espitalier-Noë family group, a symbol of the island's financial establishment.
Rogers House in Port-Louis, headquarters to the Espitalier-Noë family group, a symbol of the island's financial establishment. ©Prodesign/All rights reserved
The Harel family has sold its financial arm to Axis Fiduciary. The young trust company now finds itself up against the families firmly established in offshore finance on the island - Ah-Chuen, Lagesse, Dalais or Espitalier-Noel - as well as stiffer competition from international groups. [...] (570 words)
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