Managers of Wealth Offshore

Bermuda: Aurigen Capital Withdraws Planned IPO

Aurigen, which is based in Hamilton, Bermuda, but has established operations in Canada and expanded into the U.S. last year

Bermuda Commercial Bank signs for Temenos T24 Model Bank

BCB has selected a multi-product approach from Temenos, including T24 Model Bank to be run on the Microsoft SQL Server platform, as it offers an integrated solution that will provide for a more structured and rapid implementation.

Bermuda Shipping Registry Opens New Office in London

The Bermuda Registry of Shipping has officially launched a satellite office in London.

Guernsey proves an attractive option under AIFMD

More than 100 new funds were launched from Guernsey last year. Fiona Le Poidevin of Guernsey Finance believes that this is a major vote of confidence in the Island’s approach to AIFMD.

Sure to acquire cloud services provider Foreshore

Channel Islands communications provider Sure announced that its subsidiary Sure Ltd. is set to acquire 100 percent of the shareholding in data center and cloud services provider Foreshore for an undisclosed sum.

Obscure Hong Kong firm manages 1MDB’s funds in Cayman Islands

The funds were invested through 1MDB’s wholly-owned unit Brazen Sky Ltd

Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown

Subsequently, a number of banks announced that they were withdrawing support for digital currency exchanges

Imperium Trust acquires Guernsey trust business, Saltire Trustees

Imperium Trust Company Limited has completed the acquisition of Guernsey-based trust and corporate services business – Saltire Trustees.

Mystery of Malaysian 1MDB's US$2.3b Cayman Islands fund

It still has not given details of the funds or manager's name

Rand weakness boosts Redefine Properties offshore income

As a result, this increases interim distribution by 8%. Joining me on News Leader with more is CEO Marc Wainer.

Tower Group and ACP Re announce amendment to merger agreement

ACP Re is a Bermuda based reinsurance company

Guernsey licenses 99 international insurers in 12 months

The Guernsey Financial Services Commission licensed 99 new international insurers in the 12 months to the end of March.

Fund Corporation to be acquired by Providence Financial

Agreement has been reached in principle for Guernsey fund administration firm Fund Corporation to be acquired by Brazilian emerging markets specialist Providence Financial, subject to regulatory approval.

Bahamas appoints BNY Mellon for agent roles

BNY Mellon has taken on a number of agent roles for the Bahamas’ $300 million bond issuance.

British Virgin Islands: Predacity Completes First Stage of Fundraising

Predacity Capital Management Ltd announces the launch of trading and successful first stage capital raise of USD 6.2 million for the Predacity Emerging Markets High Yield Bond Fund Ltd.

BAHAMAS: NUA Insurance Targets 3,000 Clients With New Cyber Liability Product

The company, which is the first to launch this type of coverage, held its launch at the British Colonial Hilton Hotel recently where a cross section of the business and insurance community got an opportunity to learn more about the product.

EY first in Channel Islands to achieve the Customer Service Excellence standard

This independent validation of achievement involved a rigorous process

Artemis brings pan-Europe hedge fund to UK audience

The group said it planned to launch the new product in the third quarter of 2014

Trinidad and Tobago: Unit Trust leads in TTD income & growth

The Unit Trust Corporation and Guardian Asset Management are leading their peers who offer income and growth mutual funds, according to the Caribbean Mutual Fund Journal for the 12 months ended March 31, 2014.

How Robo-Advisors Are Reshaping Investing

The growing segment of so-called robo-advisors is far more vast and diverse than the moniker suggests.

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