Offshore Investment

The Society of Trust and Estate Practitioners (STEP) believes the non-domiciled reforms announced by the Government will benefit the UK economy.

Skandia International and Fairbairn Private Bank are two of this year's major winners in the International Fund & Product Awards 2011.

Standard Bank Offshore has appointed Sheena Maddrell as its new European business development manager, as part of the bank's ongoing commitment to developing business through Independent Financial Advisor (IFA) distribution channels.

Skandia International and Fairbairn Private Bank were among the major winners at the Professional Adviser International Fund & Product Awards 2011.

Alternative investment boutique Future Capital Partners is to launch a Guernsey-listed income fund aiming to pay 7% from a portfolio of government backed infrastructure projects.

Depositors who lost money with Isle of Man-based Kaupthing Singer & Friedlander finally have confirmation that the parental guarantee issued by the bank is valid and binding.

A Jersey delegation will be embarking on a tour of mainland China and Hong Kong this week in order to further strengthen ties with Greater China.

Pension provider, Carey Group has appointed Tim Bush as their executive Director in Guernsey.

SGPB Hambros, part of Societe Generale Private Banking, has announced the completion of its acquisition of the private client investment management business of Baring Asset Management in Guernsey and London.

The first quarter 2011 witnessed the launch of 500 mutual funds registered for sale in Europe, compared to 762 newly launched funds over the same period in 2010.