Managers of Wealth Offshore

Fitch rates Fortitude Re holding company

Fitch affirmed the ratings of Fortitude Re and Fortitude Holdings with a stable outlook in September.

Data show how the COVID-19 pandemic has hit all aspects of people’s well-being

The report says experiences of the pandemic have varied widely depending on age, gender and ethnicity, as well as on the type of job people do and on their level of pay and skills.

Time to “play our part” as finance sector reflects on COP26

Prior to COP26, the UK Government published Greening Finance: A Roadmap to Sustainable Investing, which Mr Cook describes as outlining aims to ‘green’ the financial system, including through new Sustainability Disclosure Requirements.

Reasons to choose Guernsey for funds

The latest statistics from the Guernsey Financial Services Commission (GFSC) continue to show growth in Guernsey’s funds sector with the net asset value of funds in Guernsey currently at an all-time high, having increased by 20% over the past year.

A Partnership Delivering Value

One of the key messages to emerge from our ‘Global Jersey: International Perspectives’ online event series back in the summer was just how important the joined-up connectivity is that Jersey offers as an IFC.

UBS Investor Sentiment Survey: Sustainable Investing More Important than Ever to Investors

Investors continue to remain optimistic about the economy and markets, and many plan to increase exposure to risk assets

Malta's economy to reach pre-pandemic levels by second half of 2022

Credit rating agency confirms Malta’s ‘A+’ score, maintains its stable outlook

Guernsey helps drive increase in non-UK property owners in England and Wales

Guernsey and the other Crown Dependencies are contributing to an increase in property ownership in England and Wales by non-UK citizens.

BVI premier denies islands are corrupt and praises Geoffrey Cox

Andrew Fahie accuses former governor Gus Jaspert of making untrue claims about islands at UK inquiry

HSBC CEO named ‘OUTstanding’ LGBTQ+ ally

Sue Fox is the executive sponsor of HSBC Channel Islands and Isle of Man’s ‘Diversity and Inclusion Allies’ group, which works to provide events, training and content aimed at overcoming taboos, providing colleagues with deeper insights,

“Tried and tested” – why Cayman is still king for start-up hedge funds

A key theme was the advantages offered by the Cayman Island as a domicile for hedge funds, particularly its global distribution reach.

Case study: How a Jersey private foundation and family charter fixed a HNW family's governance issues

The family had become dissatisfied with the level of administration and record keeping of an existing structure.

New Research Demonstrates Tax Justice Network’s State of Tax Justice Report Based on Flawed Analysis for Cayman Islands

“Extremely Distorted Estimates” and Other Errors Make New TJN Assessment of Cayman Highly Unreliable

‘We Need More From Resident Billionaires’

Unlocking such investment would drive a faster, and greater, post-COVID recovery, he added, while calling on The Bahamas to better exploit the luxury real estate boom by realising “it’s not enough” to simply attract such persons to these

The future of SPACs

By 2020, that number had grown to 228, raising $77bn, and then the SPACs mania became even more intense.

Fund Structuring: Shariah Compliant Funds In Guernsey

We are seeing renewed interest in these types of structures – particularly from managers who have not previously targeted Shariah investors

United Arab Emirates a go-to offshore haven for Africa’s political and business elite, leaked records show

The UAE’s record on illicit finance raises concerns for its relationship with the world’s poorest continent, experts say.

A wave of FirstGen – assisting the creators of new wealth

Broadly speaking, the FirstGen are original wealth creators who are predominantly from a younger age bracket.

Pandora Papers reveal Emirati royal families’ role in secret money flows

From skyscrapers rising in the desert to free-trade zones hawking gold and diamonds, the UAE is open for business. Sometimes that business involves shadowy companies and international crimes.

Green finance in Guernsey: building a sustainable future

If that potential is to be realised, it requires innovative thinking on the part of the global funds industry.

Comment, Analysis & Research