Managers of Wealth Offshore

A new landscape of opportunity

One of the most interesting markets at the moment is the UK.

Skipton attributes demand for property to Covid-19 lockdown

With only a 3% rise in average property prices over the past year, this should not add to affordability challenges given the rises were in line with average wage increases.

New $280 million pop music fund launches in Guernsey

This is the fourth fund for the firm and has been backed by M&G Investment Management as a cornerstone investor.

Snapshot: Could SPACs make a transatlantic leap?

The attractiveness of SPACs is, again, well-documented. It provides access to deals more often seen in private equity transactions, but with the benefit of the liquidity of public markets to exit at the time of your choosing, not the PE fund's.

Jersey Finance Announces Industry’s Rising Stars

Showcasing the industry’s support for young professionals, the awards have proved popular amongst local finance firms, with over 150 professionals between the ages of 16 to 30 nominated and over 25,500 votes received for the shortlist from Islanders

Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business

This follows the receipt of the necessary regulatory approvals from the Bermuda Monetary Authority and the Central Bank of Ireland.

International ‘wrapper’ products can boost offshore portfolios

International wrapper products could benefit investment portfolios.

Environment focus: European commitment to sustainable finance strengthens

Three-quarters (77%) also say the pandemic has either reinforced their commitment to Environment, Social and Governance (ESG) or made them realise they had paid too little attention to the social component of ESG.

Bank of Bermuda Foundation changes name

The new name helps Centennial establish its own brand as an independent, private foundation.

Chaucer opens new Bermuda office to better serve US clients

Zak Mallen has also joined the team in Bermuda as an underwriter to build a portfolio of US casualty reinsurance business.

Apex Group Launches LRI Middle East

The addition of these services to its UAE operation enables the Group to deliver its single-source solution, covering the full value chain, to both new and existing clients in the Middle East.

HSCM and Cornell Capital acquire insurer for high net worth clients

Hudson Structured Capital Management was a founding investor in Vault. “Our additional investment is a testament to our confidence in the company's business model," said Michael Millette, Hudson’s founder and managing partner.

‘Confidence in fragile times’ outlook from Ashburton Investments

Although there is still some way to go to reverse the COVID-19 lockdown induced economic damage, we continue to forecast economic improvement from the currently depressed levels.

RBS International agrees Ports of Jersey loan

This loan facility will enable us to ensure essential connectivity is maintained, while supporting our plans to build for the future and continue to serve the needs of the island.

Vietnam fund makes first use of fast track migration scheme

Introduced in July, the new fast track regime has combined the processes for an incoming manager to gain GFSC consent along with the securing of its licence to conduct fund management into a single 10-day review period.

Fairway Group shares Ambassador award with local school at international wellbeing showcase

He picked up the prize jointly with Sophie Roberts from Haute Vallee School at the awards which were held virtually following the Leaders in WellBeing – Re-imagined 2020 Summit.

Bahamas must be more open to inward investment, says ERC co-chair

“In most jurisdictions that we are familiar with, if you are a fit and proper person, you can go there and open up a legitimate business,” he said.

Pure Property Finance: London retains top spot for overseas buyers

Manchester and Liverpool also feature, with 1,770 and 1,516 owned by foreign buyers, respectively.

Accuro Trust Jersey winner of the Leaders in WellBeing Awards 2020 in the Mental Health category

When considering the spike in mental health issues in society caused by the COVID pandemic we are very pleased that we invested early in this important area.

Fund administration case study: Hipgnosis Songs Fund Limited

Hipgnosis brought a new asset class to the LSE, offering investors a pure-play exposure to songs and associated musical intellectual property (IP) rights.

AIM and Hedge Funds