Managers of Wealth Offshore

Guernsey Open Market and Local Market activity near pre-financial crisis levels

On the Guernsey Local Market, Unusualities of Guernsey recorded a total of 1,017 transactions in 2020, comprising 766 houses and 251 flats.

Aon sets up Marilla Re collateralized insurer in Bermuda

The portfolio built under Marilla is expected to be well-modelled, using AIR, covering named peril type exposures and is designed to be appealing to institutional investors, we understand.

Guernsey Fund Industry Continues to Flourish

New findings from the 26th edition of Monterey Insight’s Guernsey Fund Report, the independent fund research company, reveal the market shares of all service providers in Guernsey’s fund industry.

Flying Freehold property in Jersey

The Property is managed and administered by an Association Representative appointed by the Co-Owners. For larger developments a professional Association Representative and/or a Managing Agent is often appointed.

Bahamas Suffered $400m 'Shortfall' On Foreign Inflows

In 2020, total foreign currency inflows through the private sector, as measured from commercial banks’ purchases of foreign exchange, fell by almost 33 percent.

Duff & Phelps opens Gibraltar office

Stoneman's experience includes handling complex, multi-jurisdictional restructuring and insolvency cases in the insurance, fintech and gaming sectors, as well as considerable experience working in compliance and capital raising engagements.

TISE’s record fund raising helps Les Bourgs Hospice in 2020

Whilst for most entrants this would be testing enough, the TISE team came up with an additional feat appropriately called the TISE Everest Madness Challenge.

Enstar Announces Reinsurance Transaction With ProSight

The transaction is subject to the closing of a broader strategic transaction announced by ProSight today and remains subject to regulatory approval and other closing conditions.

RenaissanceRe Announces Estimated Net Negative Impact on Fourth Quarter 2020 Results of Operations

This net negative impact estimate includes Hurricanes Delta, Zeta and Eta, as well as aggregate losses associated with these and other events, and changes in estimated losses from third quarter 2020 weather-related catastrophe events.

How can UK alternative fund managers access European investors post-Brexit?

With the EU passport no longer available, Senior Consultant - Fund Services, Melville Rodrigues considers the solutions for UK real estate managers to continue to access European investors.

New name for STM Malta

The growth strategy is based on 5 key strengths: Superior customer service, strong knowledge base and financial resources, people development, up-to-date organisational operations, and strategic partnerships.

Aston Lark acquires Guernsey insurance manager

Aston Lark has acquired Neon Sapphire Underwriting Limited, a licensed Guernsey insurance manager.

Why Guernsey is a jurisdiction of choice for alternative funds

With an array of competing jurisdictions to choose from

Aztec Group supports the close of €700m Highland Europe Fund IV LP

We supported Highland Europe with the establishment of Fund IV LP and will continue to provide ongoing administration and accounting services from our Jersey office.

MIH promises “major investments” in BSX in coming years

Miami International Holdings (MIH) is planning to make “major investments” in the Bermuda Stock Exchange (BSX) in 2021 and 2022, according to Thomas Gallagher, chairman and chief executive of MIH and chairman of BSX.

Pulse Pays Off Bond, Banks On Villa Ronai Cashflow This Year

Early bond repayment is usually done where a liquidity crisis arises for the bond originator or its default rate rises above an acceptable level for the borrower.

International Data Transfers - Brexit and Schrems II: Impact for Funds

The most significant of these are the conclusion of the EU-UK Trade and Cooperation Agreement on 31 December 2020 and the European Court of Justice's "Schrems II" decision.

Development programme launched to enhance leaders in business

Leaders is a consultancy firm helping businesses and their leaders.

Walkers' Jersey and Ireland teams advise on the establishment of Eagle Street Partners

The firm also advised on the asset manager's acquisition of its first UK real estate asset, offices known as Eurasia House located in Maidenhead, Berkshire.

The International Stock Exchange (TISE) listed 831 securities during 2020 against the backdrop of the coronavirus (COVID-19) global pandemic.

During 2020, TISE has maintained its position as a leader in the European high yield bond market.

AIM and Hedge Funds