02/25/2014
Offshore investment group to purchase Manhattan hotel
The 70 room hotel is being sold to an offshore investment group for $37.0 million, or approximately $529,000 per key.
02/25/2014
Latest figures paint a picture of impressive resilience and stability for Jersey’s finance industry
The latest figures for all sectors of Jersey’s finance industry illustrate a solid performance during 2013 against a challenging global economic, regulatory and political backdrop, as firms report an encouraging and optimistic start to 2014.
02/25/2014
Trinidad and Tobago's central bank injects US$140mn in February to offset foreign currency shortages
The central bank of Trinidad and Tobago injected US$140mn into commercial banks in February to offset the shortage of foreign currency in the country
02/24/2014
Changes to the Guernsey Class B Rules - Ogier
The Authorised Collective Investment Schemes Rules 2013 came into operation on 2 January 2014, replacing the Collective Investment Schemes Rules 1990
02/14/2014
Schroders has redomiciled five Cayman Islands-listed funds into its Luxembourg range and merged three of the products as part of the integration of Cazenove Capital Management.
02/14/2014
Jersey’s growing reputation as a centre for the operations of international mining companies was showcased to an audience of thousands at one of the world’s largest mining industry events last week.
02/13/2014
From BRICs to MINTs at Guernsey Funds Forum 2014
Leading economist and creator of the ‘BRICs’ acronym, Jim O’Neill, will be the keynote speaker at this year’s Guernsey Funds Forum in London.
02/13/2014
Multi-jurisdictional international fund administrator inks software deal
We are very pleased to have expanded our presence in the Channel Islands and Luxembourg through this partnership with such a fast growing and professional organization
02/12/2014
The only other jurisdictions to be afforded such status are Germany, Switzerland and the United Kingdom.
02/12/2014
Leading economist and creator of the ‘BRICs’ acronym Jim O’Neill will be the keynote speaker at this year’s Guernsey Funds Forum in London.
02/12/2014
The Jersey Innovation Fund Board was established in November 2013 and the fund was advertised as open for business shortly thereafter.
02/11/2014
South African Fund Administrator Selects eFront Solution
Our commitment for high-quality client service prompted us to search for an innovative technology solution that meets the increasingly complex fund management and reporting requirements in the private equity administration space.
02/11/2014
A major insurance conference has been scheduled to help take advantage of the World Rugby Classic in November.
02/10/2014
Bermuda-based Group Acquires CMG MI, PMI
Have nnounced that its U.S.-based subsidiaries have completed the acquisition of CMG Mortgage Insurance Company and the mortgage insurance operating platform of PMI Mortgage Insurance Co.
02/07/2014
Jersey has become a member of the Berne Convention, agreeing to recognise international copyright of artistic works.
02/06/2014
The product allows trustees to choose when and how many policies will mature to suit clients
02/06/2014
Canada Life enhances its offshore estate planning product offering
Dublin based Canada Life International Assurance has launched a new estate planning product – the Wealth Preservation Europe Account.
02/04/2014
The BSX currently lists about one third of the global catastrophe bond market. In Bermuda, pension funds accounted for 14 per cent of all new CAT bonds issued in 2012 up from zero in 2007.
02/03/2014
New Global Fund Administration Firm Formed
Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.
01/31/2014
Sovereign said the product is flexible in terms of investment options “accepting most life company bonds together with other asset management products”.