Managers of Wealth Offshore

Bermuda’s Somerssnaps up stake in fundie Aura Group

Somers’ biggest investment is a 62 per cent stake in Australia’s Resimac Group. Rob Homer

How do you value crypto?

Additionally, it appears that traditional investors, in which I would class myself, are now not asking whether to include crypto currencies in portfolios but how much to include.

STM sells Jersey trust and services arm to Guernsey firm

The Sale Companies are principally STM Fiduciaire Limited, along with a number of non-revenue generating support companies, including nominee companies.

Assured Guaranty reports Q1 profit following Puerto Rico settlement

Frederico pointed to a resurgence in the global CLO market in Q1 that benefited the group’s asset management business.

James River Group reports $103.5m loss

Core E&S gross written premium has grown 85.7 per cent since the first quarter of 2019.

Hansard Global trading update

Launch now expected in summer 2021 when Covid-19 restrictions have eased.

Apex Group appointed by Canadian Music Royalty Fund

The Fund will seek to generate income and capital gains by acquiring catalogs of high quality, globally successful, enduring music copyrights and royalty streams with a focus on Canadian creators.

‘Leading investment centre’ Guernsey assists world-leading investor in fund launch

Investor support for CIP VIII came from more than 200 of the world's leading institutional investors.

In the case of MDB Group, most of the bank’s charges emanated from its significant exposure to international lending, as the group only incurred an impairment charge of less than €0.4 million in relation to local lending and the Dutch mortgage

Aztec Group shortlisted for Real Deals Fund Administrator of the Year

The annual awards are designed to recognise the leading companies and professionals within the European private equity industry.

AXIS Capital Reports First Quarter Net Income Available to Common Shareholders of $116 Million, or $1.36 Per Diluted Common Share

In the first quarter of 2021, our industry was again impacted by significant climate events and our primary thoughts are with the people and communities that have been affected.

JTC Plc Raises £65.9M From First Market Placing Since IPO

JTC has a strong track record of both organic growth and growth through acquisitions and the money will be used to fund a pipeline of near-term acquisition opportunities as well as to maintain a strong balance sheet.

EY ITEM Club publishes upgraded economic forecast

The upgraded forecast strongly suggests that at the level of the overall economy, the UK will emerge with much less damage than originally feared.

Arch reports more than threefold year on year profit increase for Q1

In the reinsurance segment specifically, gross written premium was $1.47 billion, compared to $1.12 billion in the previous year.

Why offshore investments continue to be an attractive option

The only way out of this downward debt trajectory is inclusive economic growth.

First Cuban focused convertible bonds listed on TISE

The proceeds of the issue will finance the completion of further tourism-related and commercial property projects in Cuba.

Battea Class Action Services and Apex Group partnership offers clients securities litigation recovery services

This partnership will provide Apex Group’s institutional clients, including hedge funds and asset managers, with access to Battea’s “best in class” claims processing technology

High-end real estate doing well amid COVID-19, Compliance Commission inspector says

“The low end has been soft because a lot of persons locally have been out of work.”

Woodford sets up in Cayman after Jersey backlash

JFSC Director General Martin Moloney then ramped up the regulatory rhetoric, launching what the Financial Times described as a “blistering attack” on Mr Woodford’s plans

JTC Shortlisted At The Private Equity Awards 2021

Heading into their 20th year, these awards are the longest running and most prestigious private equity awards in Europe.

AIM and Hedge Funds