06/15/2016
Cayman Islands Government pays $18 million to fund pensions
The report did not recommend increasing contributions for the defined contribution part of the plan, which operates like a 401K savings account.
Planet SOS
06/13/2016
Horseshoe Group Acquires IKONIC Fund Services
Post-acquisition, Horseshoe will have in excess of $20bn in assets under administration.
06/13/2016
Trinidad makes $375m withdrawal from sovereign wealth fund
aribbean nation joins other energy giants such as Saudi Arabia and Norway in drawing down reserves to cover for shortfall caused by low oil
06/10/2016
Sagicor moving to Bermuda
And the move is expected to take place before yearend.
06/09/2016
Skipton International wins Best Offshore Account Provider award
We look after the savings of Channel Islanders, along with British expats from more than 100 countries around the world."
06/09/2016
States of Guernsey launches economic modelling project
"Having ongoing access to forecasts based on current information will greatly enhance our ability to make informed decisions about Guernsey's future."
06/08/2016
Carey Olsen advises on £250 million Inflexion funds
Carey Olsen’s corporate team – Partner Andrew Boyce and Senior Associate James Stockwell – acted for Inflexion alongside the administrator to both funds, Sanne.
06/08/2016
Concord Securities unit to sell Taiwan Concord Capital Securities (HK) Limited
Buyers are North Kingdom International Group Co.,Limited and Prima Capital Investment Limited
06/07/2016
Fund platform to ease European market access for Asian, African and Middle Eastern fund strategies
Luxembourg is gaining greater attention from asset managers as a domicile of choice for their cross-border investment funds.
06/07/2016
PIB Insurance acquires Channel Insurance Brokers
This is PIB’s third acquisition this year, following its purchase of Fish Insurance and Cooke & Mason in April.
06/03/2016
SANNE’s deal to acquire leading South African fund administration business completes
Being part of a leading specialist global provider of outsourced administration with a strong alternative asset expertise will also mean that we can add value to our clients
06/01/2016
DMS Offshore Investment Services Adds Efficient Capital CTA Index Fund To its UCITS ICAV Platform
The fund aims to provide investors with medium to long term capital appreciation through investment of approximately 50% of its Net Asset Value in a total return swap which is referenced to the Efficient Capital CTA Index, and the remainder in cash and ca
06/01/2016
Calderwood Launch Brings New Independent Director Firm to Cayman Islands
Highly Experienced Directors Establish New Fund Governance Venture
06/01/2016
R&Q completes novation from Cayman captive
The Cayman captive provided workers’ compensation, general liability, auto liability and auto physical damage cover to its members through reinsurance starting 1 September 2003 and fronted by Travelers Indemnity Company.
05/31/2016
New business growth, award win for CISE
There were 104 new listings on the CISE during the first quarter of the year, which was a rise of 13% on the same period last year.
05/31/2016
TETF Watch: Direxion Files Commodity Fund
Direxion, like the other firms that have filed for similar products, will invest up to 25% of the portfolio in a Cayman Islands subsidiary
05/30/2016
Offshore firms buying up Scottish football including Celtic, Rangers, Dundee and Dumbarton
We have identified substantial offshore shareholdings in Celtic, currently the nation's richest and most successful club.
05/26/2016
Top industry speakers slated for Bermuda Captive Conference
He will also announce this year’s inductees to the Bermuda Captive Hall of Fame, an honour awarded to companies that have committed at least 25 years to the island’s market.
05/26/2016
Chinese agree to complete Bahamas megaresort
The prime minister did not disclose any names of reportedly interested buyers.
05/25/2016
Russian property company lists on the CISE
The ordinary shares have a premium listing, meanwhile the preference shares and warrants have a standard listing.