Managers of Wealth Offshore

Managers continue to use Guernsey's AIFMD private placement regime

Guernsey's opt-in equivalent regime which has been in place since January 2014 is appropriate for funds requiring full AIFMD compliance

Solar Sukuk Marks Australia’s Debut Choosing Labuan Haven

Australia is set to become the newest entrant to the Islamic debt market this year as a solar-power joint venture seeks to sell a debut sukuk in Malaysia’s offshore tax haven of Labuan.

Investec lines up Chinese bond and equity fund launches

Investec Asset Management is planning a double fund launch for its Luxembourg-domiciled Ucits global strategy fund (GSF)

Maples Fund Services Fulfils AIFMD Annex IV Reporting Requirements

Maples Fund Services, a division of MaplesFS, is pleased to report that it has successfully completed Alternative Investment Fund Manager Directive Annex IV reports for December 2014 for seven European Union jurisdictions, utilising its regulatory report

Artex launches pension swap facility on Guernsey

Artex Risk Solutions, Arthur J Gallagher's (AJG) captive management and alternative risk programmes operation, has launched a new pension longevity swap facility

Walkers advises Grosvenor Fund Management on acquisition of First Assets for Urban Retail V

Grosvenor Fund Management (GFM) has acquired the freehold of 42-60 Kensington High Street, which comprises four prime retail units, from Lum Chang, on behalf of its Urban Retail V fund

JFSC unveils 2015 Business Plan

The Plan reflects a number of ambitions and developments

Skipton International reduces proc fees on expat range

Skipton International has reduced its procuration fees paid to brokers for introducing new business on its expat mortgage range by 0.25 per cent the fee

L&G sells offshore business to Canada Life

Legal & General (L&G) has sold its offshore business to Canada Life

Porsche Wins Home Advantage After Zip Code Clash With Hedge Fund

Porsche is fighting half a dozen lawsuits seeking more than 5 billion euros

Offshore yuan bond issuance in HK seen shrinking for first time

Offshore yuan bond issues are set to fall this year for the first time since the Hong Kong market began in 2007 as funding costs have become more expensive than in mainland China.

Maples Fund Services - Excellence in the MENA Region

Maples Fund Services is delighted to announce that it has been recognised for two industry awards at the Mena Fund Manager 2015 Fund Services Awards

CISE opens Jersey office

The Channel Islands Securities Exchange has opened an office in Jersey at The Forum on Grenville Street in St Helier.

Spencer Capital to purchase USA Risk Group

Founded in 1981 it has since established member companies in a number of locations, including the USA, Barbados, Bermuda, Malta, the Cayman Islands and the British Virgin Islands.

Bermuda insurers move to cover employers' wage-and-hour liability risks

Insurers traditionally have not covered large employers' wage-and-hour litigation risks, but that is beginning to change.

UK Trade & Investment Office opens in Mauritius

The British High Commission announced that the United Kingdom Trade and Investment Department (UKTI) opened in Mauritius on 27 January 2015.

Hunt for black money leads Enforcement Directorate to 10 British Virgin Islands investors

The hunt for black money stashed abroad is moving beyond Liechtenstein and Switzerland

BVI funds sector calls for introduction of new products

It seems the decision by the BVI’s financial regulator, the Financial Services Commission, last year to extend the Approved Manager regime to managers running non-BVI funds, as well as those running managed accounts, was prudent.

Aetna inks sixth reinsurance deal with Cayman Islands subsidiary

Hartford health insurer Aetna said it has signed a three-year $200 million reinsurance agreement with a Cayman Islands subsidiary

Bermuda seeks to capitalise on leading ILS domicile position

Bermuda was selected as the domicile of choice for 57% of insurance-linked securities (ILS) during 2014

Planet SOS