Managers of Wealth Offshore

Butterfield knees-up for charity

Employees from Butterfield’s Guernsey office will be baring their knees for the week of 7 September and sporting the MUG Bermuda socks.

Jersey releases earnings report

Average weekly earnings per full-time equivalent employee were 1.1% higher than in June 2019.

Ocorian shortlisted for Best Fund Administrator in the Private Equity Wire US Awards

Voted for by participants within the private equity industry, the awards are a valuable mark of recognition and respect among peers, advisers, and counterparties

Ardent Financial Appoints Apex and Calypso for Middle and Back-Office

Apex to provide front to back platform using Calypso’s market leading software

DARAG Bermuda concludes novation agreement with Cayman reinsurer

DARAG Bermuda has concluded a novation agreement with an unnamed Cayman reinsurer to provide finality for its US liability books.

Increase in Plan B Second Passport Applications Due To Covid Uncertainty

Invest in Your Future With a Second Citizenship

Former States employees assured of 'cost of living' uplift

Annual increases are based upon the June RPIX figure, which was 2.4% in 2020, and are implemented the following January.

Skipton announces partnership with the Green Lions and the Ravens

Both clubs are keen to take advantage of the unique and ever-burgeoning relationship the two islands have formed.

Butterfield Announces 2020 Scholars

Each year, Butterfield selects its scholars from among hundreds of deserving applicants, using criteria including academic achievement, financial need, character, leadership qualities, civic attainment and involvement, and achievements in non-curricular a

IoD asks for businesses' views ahead of election

The results of the survey will be discussed as part of the mid-term debate next month, and aim to provide the insight needed to focus on issues of relevance to IoD members.

Fidelity Bank sells pension and insurance business

The ultimate purchaser of Fidelity’s pension business, Royal Fidelity Merchant Bank and Trust (RF Group), is a former subsidiary and joint venture of Fidelity Bahamas.

Intertrust Group launches Cayman-based legal firm

The expansion into legal advice would also further strengthen Intertrust's market position in this key region.

Bermuda’s budget deficit to “significantly increase”: Curtis Dickinson

The mandatory Shelter in Place order, the closing of the airport and the lack of cruise ship arrivals all contributed to the challenging economic picture, Dickinson said.

The US funds industry - A thriving market

Industry experts suggest that there is continued strong interest from advisors based outside of the US looking to launch fund products to increase their distribution within the US.

Column: Creating A National Investment Fund

Most of these national funds’ overarching mandates is to manage their Government’s investment holdings commercially, and to create and protect value for their people as shareholders.

Healthy interest in Jersey private equity

Jersey's private equity industry has seen a 19% year-on-year jump in business according to recent Jersey Funds Association statistics.

High Net Worth Life Insurance Guide for Financial Professionals launched

A practical handbook to support financial advisors in understanding the unique features of HNW life insurance and how it can help their customers' grow and protect their wealth

Comment: ESG bucks the trend

The ESG investment theme isn’t new.

Maiden reports net profit for Q2, with COVID-19 impact “immaterial”

For the first half of the year gross written premiums were $16.7 million, compared to negative $559 million in 1H 2019.

R&Q set to acquire Inceptum Insurance

Its sale to R&Q remains subject to regulatory approval.

AIM and Hedge Funds