The judging process is underway for the fifth Offshore Fund & Product Awards with winners to be unve...
The judging process is underway for the fifth Offshore Fund & Product Awards with winners to be unveiled at a black tie dinner in London on 11 May.
Close to 30 groups have entered the awards, run by International Investment, across 14 categories and a judging panel of industry experts are now going through the entries submitted.
The aim of the awards is to celebrate and recognise excellence among product providers in the offshore market. The range of awards and the judging process remains the same as in previous years with six accolades for the life and banking arenas, covering not only the breadth of product ranges but also the standard of technical help and support to intermediaries and the quality of individual offerings.
Judges are looking to rate winners not only on the content of a completed questionnaire form but also on the standard of supporting literature provided to intermediaries.
In addition to life and banking, there are also three awards for fund management, one each for structured products, private healthcare, use of the internet and one for best commitment to service. There is also an award for best offshore financial centre.
The fund awards, using data supplied by Standard & Poor's, uses an initial quants screen to create a shortlist in each of three categories. This screen is based upon the performance of funds in each of the last three calendar years, 2002, 2003 and 2004.
This year, for the first time, the judges will also be using research from the Defaqto database to them rate the overall quality of groups entering the awards. Shortlists in each award will be published a month in advance of the presentation ceremony and the entry period for the Offshore Fund & Product Awards is now closed.
The awards ceremony takes place in the evening of 11 May at the Victoria Park Plaza Hotel in London. It follows a full day conference at the same venue, the International Investment Offshore Forum. Now in its eighth year this brings together the UK's top offshore distributors with key offshore product and service providers.
The event, which is free to advisers, includes guest speakers Arnab Banerji, economic adviser to Tony Blair, and Howard Flight, deputy chairman of the Conservative Party and director of Investec Asset Management.
For full details on the awards process go to www.offshoreawards.com
For further information on the evening event contact Jamie Hinchliffe on jamie.hinchliffe @incisivemedia.com.
This year's judging panel
The panel consists of: Malcolm Kerr of Ernst & Young, Pete McGahan of Worldwide Financial Planning, Bambos Hambi and Marcus Brookes of Gartmore, John Pattison of Scarab, Iain Fairburn of Armstrong Associates, David Ferguson and Philip Martin of Abacus Consulting, Tim Mortimer, founder of Future Value Consulting, Dylan Emery, editor of International Investment, Angela Faherty, editor of Cover and the chairman of the judges is Mark Colegate, group editor of International Investment and Investment Week.
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November