The ascent of Man

There is no doubt the Isle of Man is enjoying unprecedented growth. Over the past 10 years the island's annual gross domestic product has averaged some 6%, while the size of its finance sector has more than doubled in the last six years. Ray Davies, marketing manager for Isle of Man Finance, believes the secret of its success is innovation. With the island's financial sector - based on the four key platforms of banking, fund, insurance and fiduciary services - accounting for around 45% of its gross domestic product, Davies says it is important the Isle of Man stays at the forefront of ta...