One million dollars won’t buy you much in the way of maritime assets these days, but it will get you in the door at a newly-launched shipping wealth operation.
That’s the minimum entry requirement for prospective clients of the new service from RBS and wholly-owned fund manager for the super rich, Coutts.
The pair announced earlier this week that ex-Barclays Wealth director Elena Mavrogonatou is heading up the new operation from London which will initially target rich Greek shipping magnates but intends to cast its net much further.
Ken
