Recently, the Cebu Registered Financial Consultants (RFC) Club held the half-day seminar "The Uses of Offshore Trusts and Offshore Companies", during which one of the featured speakers was Atty. SP Sumulong, Director at AFP Group (and also concurrently a Director at alternatives manager Angeon Advisors).
The seminar, which formed part of the Cebu RFC Club's continuing education program, was attended by over 100 RFCs and their colleagues and guests, and elicited a stream of lively questions on topics ranging from insurance products to tax planning across various countries; from family disputes over wills to fine points of common law. The briefing given by AFP Group's Directors did much to demystify the subject of offshore vehicles, and generated examples of situations in which offshore structures could be appropriately considered.
Angeon Advisors is an independent alternatives manager specializing in private equity and venture capital growth themes in the Philippines and other markets in Asia. Angeon also provides financial advisory services to very select clients.