Managers of Wealth Offshore

President of Maldives invites Indian companies to invest in Maldives

He stated that the Maldives strategic location – a stone’s throw away from India – made it an ideal location for Indian investment.

Sagicor to get £86m from sale of its Europe business

The sale (of Sagicor at Lloyd’s) will return approximately US$130 million in cash capital to the group

Republic Bank (Barbados) Limited delisted from BSE

Barbadian investors will have one less company on the Barbados Stock Exchange

Why has 1MDB parked RM7.5b in Cayman Island?

Questions were raised in Parliament, but answers were not forthcoming.

Aon subsidiary company moves home from Gibraltar to Malta

It will broaden its domicile options for Protected Cell activities

Barbados Raises $150 Million From Foreign Investors

The Central Bank of Barbados Friday said the Freundel Stuart government had been able to secure US$150 million floating rate loan from regional and international investors.

Mario Carey Realty showcases the Bahamas to wealthy buyers at Shanghai luxury property show

As global markets shift and with interest of Asian markets escalating

Guernsey adds 33 new funds in Q3 2013

Taking into account licences rescinded, there was net growth of 17 funds during the period.

Old Mutual shifts Murphy’s UK Opps fund to absolute return sector

Old Mutual Global Investors has moved Simon Murphy’s £40m UK Opportunities fund to the IMA Targeted Absolute Return sector after merging its offshore and onshore versions.

Fitch Rates Bermuda’s $50M 2023 Bonds ‘AA-’

A statement from the ratings agency said, “The net proceeds from the issuance of the notes will be deposited in the Sinking Fund established in 1993 as a separate legal entity for the repayment of government borrowings.

Gibraltar Gov’t approves plans for new ‘locally-owned’ community bank

The Gibraltar Government has approved plans for a new “credit institution” that is seen as filling a need in the marketplace that was made more urgent by Barclays' recent announcement of plans to reduce its Gibraltar presence.

New Bermuda fund offering raises Cayman fee issue

In October, Bermuda modernized its fund legislation, establishing a new class of exempt funds that can be registered and launched on a fast-track basis.

Ship registration in Malta grows steadily, maritime study shows

The third edition of a study gives a comparative breakdown of the costs involved in the registration of a vessel.

JP Morgan to ban staff from instant messaging services

Online chats were used across the industry by bankers who were involved in rigging Libor and currency exchange rates.

Cayman's Proposed New Fund Governance Regime

This article seeks to explain and explore why the corporate governance of Cayman investment funds is receiving "the regulatory treatment", what such treatment will look like and its likely impact on the management and costs of alternative invest

JLT Employee Benefits has selects Tercero investment management platform

Tercero software platform is fast becoming the system of choice for investment managers across the UK and Channel Islands.

Channel Islands push French links

Jersey and Guernsey are to establish a joint office in Caen, France, to represent both islands’ interests with French authorities. The Bureau des Iles Anglo-Normandes, as the new office is to be called, will replace the Bureau de Jersey, and will s

Bahamas looks to strengthen ties with China

The Bahamas says it is looking forward to strengthening its relationship with the People’s Republic of China across a wide-range

Rossborough’s client offering strengthened by change of ownership

This is a fantastic piece of news for us and for our clients

Bermuda Govt Launches $50m Bond Issue

A $50 million bond issue was today launched by the Bermuda Government.

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