10/28/2020
IQ-EQ supports launch of Multiplicity Partners’ new fund
The fund is seeking to raise commitments up to a hard-cap of US$100 million and is aimed at sophisticated institutional investors.
AIM and Hedge Funds
10/28/2020
Rebranded Bank Targets 40% Managed Asset Rise
While the pandemic has deterred many would-be investors, the RF Bank & Trust chief said it has also created "opportunities that come with change, and it's how you take advantage of it".
10/27/2020
Cayman Islands open to remote workers - but only if you earn over £70k
The Cayman Islands have launched a new scheme for remote workers who want a change of scenery - if you've got a high salary
10/27/2020
A&A Investment Adviser to acquire an Irish ICAV
A&A Investment Adviser's Luxembourg’s entity has agreed to terms with an Asset Management Firm to acquire an Irish ICAV, which it says will be one of the most innovative launch platforms for quantitative sub-funds in UCIT's format in t
10/27/2020
Mauritius Introduces Premium Travel Visa for Long Stays
An online platform for the e-Visa application will be available shortly.
10/27/2020
Finance Minister announces measures geared towards accelerating economic recovery
Minister Padayachy pointed out that the economy suffered from the national lockdown which resulted in a contraction of 15 % of our GDP in March-May and 32,5% in April-June compared to the same period last year.
10/27/2020
Guernsey firm sponsors UK Rugby team
Ravenscroft, which started up in Guernsey, has become the principal partner of the Bristol Bears Rugby League team, as part of a significant rebrand of its UK business.
10/26/2020
Alternative investments a must for the modern portfolio
Alternative investments may include hard assets such as commodities, currencies, infrastructure projects, vacant land and developed real estate/real estate investment trusts (REITs).
10/26/2020
International pension and savings products highly commended at International Investment Awards
Peter Culnane, Head of Pensions at Fairway Group and Secretary of the Jersey Pensions Association, was also nominated in the Personality of the Year category.
10/26/2020
Apex Appointed by Lorax Capital Partners for LCP Fund II
Apex’s experienced team will deliver a full suite of fund administration services to the LCP Fund II entities including investor reporting, accounting, corporate and compliance services.
10/23/2020
BVI named top offshore jurisdiction
Clients value the BVI's modern and flexible legal structure too.
10/23/2020
Guernsey reports massive interest in captives
After registering 11 new structures last year — the best result since 2016 — Guernsey did also see 24 closures during the year, ending 2019 with a total of 305 captives.
10/23/2020
Walkers Advises Tencent on the US$10 Billion Merger between Huya and Douyu
Concurrently with the execution of the Merger Agreement, DouYu and Tencent entered into a Reassignment Agreement, pursuant to which Tencent has agreed to assign its interests in the game live streaming business
10/23/2020
Isle of Man firm acquires advice company client book
After it was fined for regulatory failings and an ex-employee banned
10/23/2020
JMMB rolls out investment management service
The roll-out of this service is timely, as it comes amidst a changing economic environment, characterised by low-interest rates and increased economic uncertainties.
10/23/2020
Developing alternative dispute resolution regime “one of the highest priorities”, says Minister
ADR has been gaining significant traction over the past few decades and has been linked with generally favorable outcomes in other jurisdictions.
10/22/2020
Maples Advises Apache Capital Partners on Sale of International Firms HQ in Jersey
Teams in the Group's Jersey and Dublin offices advised on the sale and disclosure process, prepared and negotiated all transaction documentation and provided transactional support to ensure a successful conclusion to the transaction.
10/21/2020
Tech investors name Bermuda’s ’superpowers’
Mr Scalabrini also identified the island’s banking environment as having very little competition and being “not very efficient”.
10/21/2020
Saudi Arabia investors eye Cyprus for investment
Cyprus and Saudi Arabia will benefit from closer and stronger trade and a foreign direct investment relationship that will amplify growth and prosperity in short and long terms.
10/21/2020
Apex Provides Fund Administration Services to Shuaa Financing Opportunities Fund
The fund is targeting special situations in the GCC and has already attracted a total of USD 68 million in commitments from investors.