Guernsey

Guernsey-based International Administration Group (IAG) is to offer fund administration services in China.

Skipton International and Aequam Capital launch new products

Skandia International urges IFAs to consider the financial security of offshore firms they deal with.

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.

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 latest figures show that the value of deposits held in Guernsey banks grew by £1.9bn (1.7%) during the first three months of 2011.

The Alternative Investment Fund Managers Directive (AIFMD) is one big grizzly bear Guernsey regulators must wrestle with. Hannah Beecham reports on the latest round of negotiations and asks what deals must still be struck before Europe opens its doors...

Kleinwort Benson's £26.4m purchase of Close Offshore Group is now finalised.

Private bank Kleinwort Benson has completed its £26.4m acquisition of Close Brothers' offshore arm