Milltrust 2024 Review

2024 was a huge year for Milltrust International Group, with the launch of our East West Private Wealth business out of Singapore. EWPW concluded the year with a strengthened presence in the UAE through our partnership with Almha Capital, in London under the Milltrust regulatory umbrella, and a local affiliation with First Estate in Singapore. We now maintain solid relationships with 12 banks and have extended our award-winning private label track record in discretionary portfolio management to an expanding base of in-house clients.

At Milltrust, we introduced a new India equity fund, managed locally by Narnolia, and a Taiwan equity fund, managed by Value Partners—our trusted partner of over 25 years. Additionally, we signed heads of terms to launch a new Climate Impact Fund for our Malaysia clients in partnership with MIDF, as well as an Indian IPO fund with Narnolia, both set to debut in early 2025.

At Milltrust Ventures, we successfully launched the Future Health Fund as a sub-fund of our VCC. Among the pre-seeded portfolio companies, 52 North Health, Jiva.ai, and Green Bioactives achieved significant funding milestones.

– Simon Hopkins