Managers of Wealth Offshore

Prestige Capital Management expands AIFM Malta operations

This is part of PCM’s increasing role as the day to day operations and reporting centre for the range of Prestige Funds.

Old Mutual International launches offshore bond for UK investors

There are no asset dealing charges and investors can withdraw 5 per cent per annum without immediately being taxed.

Biggest quarter growth in four years for Guernsey funds sector

From the end of March 2016, total net asset values increased by £28.6 billion (12%).

Syncora reports Q1 loss

The increase was primarily due to non-performance risk and yield curve spread widening

Maltese Falcon the superstar of superyachts

Svea was a non-starter in the J Class, while in Class C, Silver Spray failed to finish.

Formula Growth Said To Launch New U.S. Equity Hedge Fund

The new fund is expected to launch next month and has already raised C$50 million from an institutional investor, Bloomberg said.

JTC Fund Services Strengthens European Proposition with Guernsey Manco Launch

The move significantly bolsters JTC’s pan-European fund services capabilities

IQE becomes first Isle of Man member of TISE

IQE Securities Sponsor Services Limited is a wholly owned subsidiary of IQE Limited, the international fiduciary services provider.

Rebranded VM Pensions Management Plans Operations Overhaul

We have a robust pipeline of new investments

Sompo signs Novae deal for London platform

As part of the agreement, Novae and Sompo International will collaborate in the transition of any business, ensuring Novae’s clients and brokers have every opportunity to achieve continuity.

Island’s tranquillity lures luxury buyers

Donald Trump’s victory in last November’s contest for the White House was a catalyst for increased interest in the island, Ms Sinclair said.

More Firms Set to Get Angel Investment

There are currently seven Angel groups within the Caribbean

Scottish Re commences wind up in Bermuda and Cayman

McKenna and Fisher will work with Scottish Re’s current board and management

‘Club deals’ back in vogue for private equity dealmakers

With annual fundraising levels also returning to their pre-2008 levels, coupled with a slower deployment rate, Mr Cohen said it was inevitable that deal sizes were increasing.

AIG to buy Hamilton USA

The agreement is subject to regulatory approval.

David Beckham buying Victoria a private island for their 20th anniversary

Becks has his eye on a paradise isle in the Bahamas

Lush, 20-Acre Private Island in the Bahamas Lists For $16 Million

The verdant oasis in the Sea of Abaco, called Foot’s Cay, includes three residences

Hiscox Re reports fall in GWP

Overall, the company’s gross written premiums grew by 17.3 percent to £751.2 million.

IoM eases pressure on life cos over commission disclosure

International insurance companies headquartered on the Isle of Man will only have to spell out to customers how much commission they will have to pay to intermediaries over the life of the product at the end of the sales process.

Hiscox readies for life post-Brexit with Luxembourg hub

The insurance provider, which underwrites risks in a range of areas including terrorism and kidnappings, said that it would hire around ten people covering compliance, risk and internal audit on the ground

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