Managers of Wealth Offshore

JTC Consolidates Business In Luxembourg Through Move To 'Bijou'

Luxembourg is the largest investment fund centre in Europe and the second largest in the world after the US.

Sanne shortlisted in the Hedgeweek European Awards 2021

The manager categories cover a wide spectrum of strategies

First fund in Guernsey for global venture capital investors

Partner Tom Carey led Carey Olsen's investment funds team on advising RTP Global, working alongside onshore counsel DLA Piper.

Business is brisk for Isle of Man Captives

At the start of the pandemic, this facilitated a seamless transition into remote working practices which, for the captive industry, was particularly important as it coincided with an exponential rise in demand.

PraxisIFM well set for growth

PraxisIFM has also strengthened its management team, welcoming two new managing directors.

Moody’s now expects lower economic rebound for The Bahamas in 2021

Last summer, Moody’s lowered the country’s credit rating two notches from Baa3 to Ba2 with a negative outlook.

Apex Group awarded The Jersey Good Business Charter

The Jersey Good Business Charter is a standard awarded to businesses in Jersey in recognition of their commitment to good corporate citizenship and responsible business practices.

Mauritius and Morocco join African Development Bank Bloomberg bond index

This is a positive development as the inclusion of Mauritius and Morocco, two of Africa’s better-rated issuers, will improve the overall credit quality of the ABABI, which now captures close to 90% of the outstanding amount of African sovereign loca

Distress in the UK Commercial Real Estate Market: The BVI Perspective

Commercial real estate holding companies are currently facing unprecedented pressures on rental income as a result of lockdowns, travel restrictions, store closures and offices switching to working from home as a result of the global pandemic.

Is now a good time to buy real estate? Banker, experts weigh in

This is because values are appreciating and if you are an investor, real estate is solid – especially in times like these where the [return on] other investments may not be as robust

Financial services industry showed solid growth in 2020

The funds industry, Cayman’s mainstay in terms of financial activity, continued its expansion in 2020 as hedge funds posted a second consecutive year of double-digit returns.

Warning that Bermuda could face 'fiscal cliff'

At the end of September, the Government’s net debt was $2.94 billion

Labuan IBFC partners with RAM Ratings agency

Labuan Entity Corporate Assessment has enhance intra and inter-Labuan cross business as the Labuan IBFC jurisdiction grows from strength to strength.

Guernsey's social care fund 'will run out without action'

The anticipated combined contribution rates from both employees and employers in 2022 for both schemes is expected to be 11.4%, with the reports recommending an increase of 2.8% from 2022 to secure them until 2080.

The States of Guernsey welcomes S&P 'AA-/A-1+' Ratings affirmation

The Bailiwick's response to COVID-19 is factored into the ratings decision, which notes how much of the economy was able to return to normal trading in the middle of 2020.

Mauritius and Morocco join African Development Bank (AfDB/AFMISM) Bloomberg® bond index

The African Development Bank administers the ABABI, a family of African bond indices launched in February 2015 and calculated by the independent, global index provider Bloomberg

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.

AIM and Hedge Funds