Managers of Wealth Offshore

Hedge fund sector embraces new investment opportunities

The industry is undergoing proactive transformation on several fronts, enhancing its value proposition and boding well for the future of Cayman’s world-leading funds sector.

Ministry of Investment pays Cayman Finance $350,000 for promotions

The partnership would be “a new tool the minister seeks to utilise in reimagining the government’s relationship with Cayman Finance”, the ministry said.

Cornèr Bank (Overseas) Ltd receives international recognition

This makes the second occasion in recent years that the bank has been awarded for Best Private Banking Services, having also received the prestigious award in 2020.

Helping Seniors Adapt To Clarien Digital Banking

From completing iATM transactions, using internet banking to opening a new account online, Bermuda’s seniors will be able to receive personalised support in changing how they manage their finances and spending.

Incorporation gains explained in SFC

During the SFC deliberations, Mr. Filmer also explained why he believes the agency needs the requested money.

Strength of recovery in Guernsey’s funds sector reinforced

Figures from the Guernsey Financial Services Commission in the second quarter of 2021 showed an increase of 20% over 12 months

$50m Target For Rf Private Equity Fund

Mr Anderson said the RF Strat-Equity Fund will have to overcome some cultural obstacles, such as the risk averse, conservative nature of Bahamian investors that typically results in most capital heading into fixed-income products as opposed to equity inve

BNF Bank wins ESQR’s Quality Achievement Award 2021

Bank committed to endorse and improve quality management across its services

HSCM invests in payments insurtech

Ascend provides a “buy-now-pay-later” automated insurance payments solution that combines financing, collections and payables.

Axis results: ‘Good finish to a year of meaningful progress’

Those figures compare with an operating loss of $174 million in 2020, and with an operating loss of $16 million in the fourth quarter a year ago.

Shortlist success for Crestbridge

These nominated companies have been shortlisted based on a widespread survey of more than 100 fund managers and other key industry participants.

Strong GWP growth at RenRe

Despite the strong finish, weather-related large losses of $962.1 million in the quarter prevented it from seeing a profit for the full year.

Sancus joins Knowledge Bank

The Sancus team also has years of experience in lending to more complex structures including trusts, funds and family offices.

JTC Selects Mary's Meals as Global Charity to Support with Latest ProShare Awards Win

Mary’s Meals is a global charity whose goal is to provide at least one meal a day to children in underprivileged parts of the world during their school day as a way to also alleviate poverty.

TMGA wealth management business celebrates their first year

The business now employs a team of ten specialists, and is made up only of senior industry professionals, who bring a depth of Investment Management expertise, which is complemented by extensive Trust and Fund experience.

Imperium assists launch of medicinal cannabis fund in Guernsey

The Imperium team was led by MD Barry McClay and Client Services Director Charlotte Parr.

Aspen and Ryan Specialty Announce Expanded Trading Relationship

As part of this deal, Aspen will provide capacity across multiple platforms and geographies, with four programs in the U.S. and three programs in Europe.

Private Fund Regimes in Guernsey and Jersey - A Comparison

The Guernsey Financial Services Commission (GFSC) introduced the Private Investment Fund Rules 2016 (PIF Rules) which created a new class of private fund under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) (POI Law).

TISE fundraising to benefit animals in Guernsey

TISE has also made donations to similar animal welfare charities in Ireland, the Isle of Man and Jersey, which are the other jurisdictions where it has staff based.

Pandemic pushes back Bermuda climate event

“Moving forward, both the Bermuda Risk Summit and the Bermuda Climate Summit will be annual, in-person, must-attend events on the business visitor calendar,” said Hart.

AIM and Hedge Funds