The judges have now drawn up shortlists across 14 categories for International Investment's forthcom...
The judges have now drawn up shortlists across 14 categories for International Investment's forthcoming Offshore Fund & Product Awards.
Among those in with a chance of winning are the offshore life offices Axa, Norwich Union, Prudential, Royal Skandia and Friends Provident and among the banks are such names as HSBC, Fairbairn, Britannia and Allied Irish.
Some 30 groups entered the awards, now in their fifth year, and the winners will be revealed at a black tie dinner held in London on 11 May.
This year, for the first time, the judges have used research from the Defaqto database to rate the overall quality of groups entering the awards.
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 the three categories. This screen is based upon the performance of funds in each of the last three calendar years, 2002, 2003 and 2004.
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, former 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 [email protected] incisivemedia.com.
Intermediaries who want to attend the daytime conference should contact Emily Proctor at [email protected]
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