Corporateculture

isle of man

clock

The Isle of Man is seeing a significant shift in corporate client business compared with five years ago, when the balance would have been more like 85:15 in favour of private clients - five years on, it could be 50:50

Private client business may have been the mainstay of the Isle of Man's trust industry throughout the past two decades but that is beginning to change. Already, the focus for fiduciary service providers is shifting away from wealthy individuals towards the corporate sector and this trend is set to continue. There is already a significant shift in corporate client activity compared with five years ago, when the balance would have been more like 85:15 in favour of private clients. In another five years, this could be an even 50:50. The truth is the real heyday for private client busine...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •