Managers of Wealth Offshore

South Africa Update - Grant McLeod, June 2022

Guernsey has proved to be a successful jurisdiction for South African wealth managers seeking to establish investment funds outside of their country in recent years.

IQUW launches crisis management insurance

The launch of crisis management enables IQUW to offer a greater range of specialty products.

Digital Greenhouse’s Guernsey Venture Challenge application deadline fast approaching

Open to new businesses based in Guernsey looking to launch and grow, the opportunity to win early stage funding to accelerate their development has been met with much interest from the local community.

AM Best affirms its rating of Lion Re

Lion Re´s continued capital base expansion is supportive of risk-adjusted capitalization being assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio

R&Q encouraged by investor interest as it moves to raise $100m

The fundraising will give us the capital required to de-lever our balance sheet and maintain the strong financial profile needed to support our continued growth.

JMMB expanding in three markets amid record profit

Making headway on reorganisation as financial holding company

Bank’s second quarter profits up

The net income for the period stood at US$39.88 million, compared to the US$22.61 million for the corresponding quarter last year.

Howden Tiger creates ‘much-needed’ fourth global player

The new company, Howden Tiger, will be the fourth-biggest reinsurance broker, after those formed by Aon, Guy Carpenter and Willis Re.

Jamaica: An international financial services centre in the making

Other services rendered in an IFSC include company registration and administration, trust/trustee and directorship services, and services relating to cross border transactions such as drafting contracts and calculating net asset values for mutual funds.

SiriusPoint outlines Lloyd’s SIMA sale to Mosaic

SiriusPoint will retain its UK Branch operations, inclusive of Syndicate 1945.

Bankers confident new entrant has been fully vetted

Jewel Bank is Bermuda's first new bank in over twenty years and first digital asset bank.

Sweeping changes at Axis Capital

Axis Re CEO Steve Arora will leave the company on December 31, following nearly five years with the organisation.

Jersey Wins ‘Best International Finance Centre’ in Wealthbriefing Asia Awards

Jersey has been crowned ‘Best International Finance Centre (South-East Asia)’ at the Tenth Annual WealthBriefing Asia Awards 2022.

Double recognition for Highvern in Top 35 under 35

Ellen was on the UK list for 2021 and has also been singled out at the Powerwomen Awards by Citywealth for her ambition and work ethic and nominated as Rising Star by Jersey Finance for 2022.

APS Bank closes one of largest-ever local equity public offerings within hours

Bank initially set out to raise €66 million of new equity capital

VC investors need to heed the warning signs

Although inflation appears to be gathering pace, the impact on entrepreneurs raising investment is unlikely to be felt immediately

Maltese investors prefer property, retirement planning than equities

BOV Asset Management launches sixth reading of Investor Sentiment Index

IQ-EQ supports SITNO HOLDING Real Estate with its maiden fund launch

SHRE manages assets worth €129 million and is currently developing LIOQA Resort on Ugljan Island in the Zadar archipelago.

Parishes celebrate historic event with party for all the family

"The douzeniers organising have been busy putting together a programme of different events."

Skipton offers 'bank of mum and dad' mortgages to help housing crisis

With the average price of a property now around 16 times the average earnings of a single person

AIM and Hedge Funds