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Montpelier Group in Malaysian expansion

Montpelier Group is continuing to expand in the Far East by joining forces with Malaysia-based IFA Expatriate Financial Services.

The merged group will be known as Montpelier Malaysia and will operate under the worldwide brand of Montpelier Private Clients.

Montpelier has 12 offices worldwide with over 2,000 high-net-worth clients and £750m of client funds under supervision.

EFS managing director Stuart Williamson says: “EFS conducted an extensive process examining its options for the future and determined that this transaction best meets its goal of delivering value to its clients, who will be well served by the complementary nature of the products.

“There is not a major pla- yer in the international market offering a similar cradle-to-grave financial service looking after expatriates.”

Montpelier Private Clients chief executive David Yell- oly says: “I am delighted with the merger, which continues the expansion of Montpelier in the Far East in addition to its offices.”

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