Brooks Macdonald International, the Channel Islands subsidiary of the Brooks Macdonald Group, has reported a 58% increase in the total value of funds under management (FUM) in the latest quarter and a 64% rise on the half year to a record high of £2.6bn.
The update on discretionary FUM for it...
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By Crystal PR on
29 January 2021
Guernsey-based management consultancy CBO has promoted Dominic Ash to Director.
He will focus on CBO's consultancy and change management service lines, leading business development, guiding relevant work and developing the internal team’s skills and capabilities.
Dominic has 20 years&rsq...
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By CBO Projects on
29 January 2021
C5 Alliance, part of BDO Jersey, has announced three appointments.
James Russell has become a Principal Cloud Solutions Architect; Ying Wang has joined the C5 Application Development Team as a Senior Consultant; and David Scott has been named Team Leader of the data and artificial intelligence...
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By C5 Alliance on
29 January 2021
UK-based wealth management and employee benefits business Mattioli Woods has acquired a 4% stake in Tiller Group, a software as a service wealth management platform which operates in Jersey as Tiller Technologies.
According to Mattioli Woods, it will use Tiller's platform to develop a digital s...
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By Tiller Tech on
29 January 2021
Orchard PR is holding a free interactive webinar on 17 February to look at the importance of internal communications during the Covid-19 pandemic and beyond.
The one-hour webinar, Internal Communication – Covid and beyond, will focus on the role of internal communication in driving emplo...
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By Orchard PR on
29 January 2021
Offshore law firm Appleby has acted as Jersey counsel to Advanz Pharma in connection with its sale to Nordic Capital for an equity value of $846m.
Pharmaceutical specialist Advanz Pharma is based in London but also has operations in Mumbai, commercial affiliates in North America, Europe and Austral...
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By Appleby on
29 January 2021
Financial services consultancy Sionic has announced that Managing Partner Gilly Green (pictured right) and Partner Shelley Doorey-Williams (pictured far right) from the firm’s London wealth management and private banking practice will now be part of Sionic's Jersey leadership team.
B...
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By Sionic on
28 January 2021
Statistics Jersey has published the results from its latest Business Tendency Survey (BTS).
For the survey, which provides qualitative information about the island’s economy, chief executives and managing directors are asked for their opinions on the current situation of their business compar...
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By Government of Jersey on
28 January 2021
Rathbone Investment Management International has appointed two Non-Executive Directors to its Jersey board – Charles Clarke and Heather Bestwick.
Charles, who joins the firm as Non-Executive Chairman, replaces the recently retired Gregor Allan, who has been with Rathbones for more than ...
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By Ruby PR on
28 January 2021
Mourant has appointed three lawyers to its partnership – Neil McCarroll, Gillian Kennedy-Smith and Ian Montgomery.
Neil (pictured right) has been promoted from Counsel to Partner within the Jersey finance and corporate practice, and will take up his new role from 1 February.
He started...
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By Mourant on
28 January 2021
The Jersey Financial Services Commission has announced dates for a number of events in 2021.
• 11 February – Launch of 2021 business plan (for more details and to register, click here)
• 17 February – National Risk Assessment webinar: Accountants
• 24 February – Com...
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By Jersey Financial Services Commission on
28 January 2021
Wealth manager and private bank Coutts has relaunched its Private Office offering as Coutts Family Office (CFO).
The new-look service will combine strategic partnerships from NatWest Group and relationships with external providers, giving domestic and international family office and ultra-hig...
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By Coutts on
27 January 2021
PraxisIFM Group has reported its interim results for the six months ending 31 October 2020, which shows improved performance in key financial metrics.
Report highlights
• Revenue for the period was £29.8m (2020: £30.5m)
• Gross profit margin increased by 1% to 54.4...
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By Orchard PR on
27 January 2021
Carey Olsen's Jersey corporate team has advised digital asset investment firm CoinShares on the establishment of its institutional-grade cryptocurrency-backed exchange traded product (ETP).
CoinShares Physical Bitcoin (Ticker: BITC) launched on 19 January with $200M in assets under manage...
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By Carey Olsen on
27 January 2021
ICSA: The Chartered Governance Institute has elected Teresa Le Couteur, Group Company Secretary for Northern Trust Guernsey, as Chair of the Institute’s Guernsey Branch.
Teresa succeeds Paul Smith, who chaired the branch from May 2019 until December 2020, having been Vice Chair since Ja...
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By ICSA on
26 January 2021
Walkers has advised African Frontier Capital, Mauritius (AFC) on the Jersey law aspects of the expansion of a $127m receivables financing structure.
The structure is expected to finance the provision of improved energy access to 1.9 million people living off grid in Kenya and save more than 600,000...
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By Walkers on
26 January 2021
Guernsey law firm Babbé has expanded its dispute resolution team with the appointment of commercial disputes lawyer Emma Maguire as an Associate.
Emma's legal career began in Grays Inn, London, in 2005. She joins Babbé after six years at Michelmores in London, Bristol and Exeter, ...
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By Orchard PR on
26 January 2021
Butterfield Group has made two senior appointments within its trust team.
Amy Glover, who will be based in London, has been appointed Vice President, Strategic Relationships for Group Trust, and Mark Farrell has joined as Head of Trust at Butterfield Trust (Asia) in Singapore.
Amy was ...
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By Orchard PR on
25 January 2021
Crestbridge has promoted Brian Jemwa (pictured far right) to Director within its Fund Services business and Christopher Corfield to Director in its Real Estate Services team in Jersey.
Brian has been with Crestbridge since November 2015 and has served as Associate Director, Real Estate for the...
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By Crystal PR on
25 January 2021
Financial services provider Apex Group has made two senior appointments to its Corporate Solutions business in Jersey, with Stephen Reilly joining as Head of Corporate Solutions and Alice Read as Commercial Director.
Stephen joins Apex from Channel Islands facilities management and building s...
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By Apex Group on
25 January 2021
Following consultations in November on fee rates for trust company businesses and registered persons, the Jersey Financial Services Commission has announced changes to fees in these areas.
Trust company business fees
• Increase in the fees cap to £90,000 or 95% of the fee that would...
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By Jersey Financial Services Commission on
25 January 2021
Jersey entrepreneurs Chris Langlois and Stafford Slater have opened their own business, Enso Solutions.
The firm aims to help businesses review, update or maintain their work environment, while planning transformation strategies using cloud, software-defined network and security managed services to...
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By Refinery on
22 January 2021
PwC has promoted three members of staff to Partner – Chris van den Berg, Adrian Peacegood and David Waldron.
Adrian has been with the firm since 1999, having joined PwC in Guernsey as a graduate. He specialises in alternatives, with a client portfolio including fund of hedge funds, pr...
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By Crystal PR on
22 January 2021
Hawksford has appointed Richard Summerfield as its Chief People Officer.
As a consultant to Hawksford, Richard has served as interim Chief People Officer since August 2020, but he has recently been appointed to the role on a permanent basis.
Richard brings to the firm 20 years of internation...
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By Liquid on
22 January 2021
Carey Olsen teams in Jersey have supported the launch of two funds using the Jersey Expert Fund regime.
Its investment funds team has advised Appian Capital Advisory on the launch and final close of Appian Natural Resources Fund II, the private equity manager's second fund focused on the m...
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By Carey Olsen on
22 January 2021
The Jersey Financial Services Commission is holding an online event to launch its 2021 business plan on Thursday 11 February from 9am to 10.15am.
As well as focusing on 2021, the event will review the challenges and highlights of last year for the Commission, the Registry and its stakeholders and c...
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By Jersey Financial Services Commission on
21 January 2021
S&P Global Ratings has affirmed its AA-/A- 1+ long- and short-term credit ratings for Guernsey, stating that the outlook for the jurisdiction remains stable.
S&P projects that Guernsey's economy will post a strong recovery in real GDP of 4.8% in 2021, and that the government deficit pea...
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By BL Global on
20 January 2021
The Channel Islands branch of the Association for Project Management (APMCI) is holding a virtual event to explain how a full-fibre network was delivered to every home and business customer in Jersey.
Set up a year ago, APMCI is made up of members from Jersey and Guernsey and led by Chair...
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By Eliot Lincoln on
20 January 2021
The total number of registered Jersey Private Funds (JPFs) has grown by almost two-fifths year-on-year, according to the latest figures, as the structure continues to assert its appeal for cross-border alternative fund structuring.
According to the latest quarterly statistics collated by the Jersey...
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By Crystal PR on
20 January 2021
Financial services group Suntera Global has named Cara Pyper as its new Global Head of Marketing, based in Jersey.
Cara brings to the firm more than 20 years’ experience in marketing. Prior to joining Suntera Global, she was Senior Manager – Business Development and Marketing for JTC Gr...
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By Suntera Global on
20 January 2021
Guernsey-based communications consultancy Linda Rolf Associates and Channel Islands PR agency Orchard have joined forces to expand the range of services that each agency offers its clients.
Linda Rolf set up her consultancy after 20 years with Specsavers, where she led international PR, then ...
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By Orchard PR on
20 January 2021
Sue Fox, CEO of HSBC Channel Islands and Isle of Man, has been ranked 11th in the OUTstanding 50 Ally Executives list, part of the OUTstanding Role Models 2020.
The global ranking highlights business leaders who act as advocates and allies for diversity and inclusion within and outside their busine...
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By Crystal PR on
20 January 2021
Collas Crill has appointed longstanding Partner Paul Nettleship to the position of Head of Property in its Guernsey office.
The move follows Jason Green's decision to step away from the head of department role to dedicate more time to his clients and their work.
Paul has been at the firm for a...
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By Collas Crill on
19 January 2021
Sanne has promoted Peter Nagle from Global Head of Client Growth to the role of Chief Commercial Officer, based in Mauritius.
In his new role, Peter will be responsible for client service delivery in all jurisdictions and the firm’s continued commercial development.
Peter has more than...
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By Liquid on
19 January 2021
Appleby Senior Associate Paula Fry has been sworn in as an Advocate at the Royal Court of Guernsey.
Paula, a private client and trust lawyer, has more than 19 years’ experience as a lawyer, nine of them within Guernsey. She joined Appleby in 2018 after almost six years with Carey Olsen....
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By Appleby on
19 January 2021
New findings from the 26th edition of Monterey Insight’s Guernsey Fund Report reveal the market shares of all service providers in Guernsey’s fund sector.
Fund assets serviced in Guernsey increased to $428.4bn at the end of June 2020, up 4% compared with 2019.
The number of...
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By Monterey Insight on
19 January 2021
Businesslife magazine’s exclusive commercial and advertising packages – aimed at helping companies that work in and with the Channel Islands to get on the front foot in 2021 – are now available at discount rates for early bookings.
The Channel Islands-based business and lifestyle ...
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By BL Global on
19 January 2021
Bumper sales activity in the final quarter of 2020 across Guernsey's Open and Local Markets led to the highest combined annual total of house and flat transactions for both markets since 2006 and 2007 respectively, according to the latest conveyancing statistics from Unusualities of Guernsey.
&n...
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By Carey Olsen on
19 January 2021
RBC Wealth Management, part of Royal Bank of Canada (RBC), has appointed Gail McCourt to the role of Head of Private Client Fiduciary Services for its British Isles business.
In her new role, Gail will lead RBC Wealth Management’s fiduciary management and technical trust teams in ...
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By Greentarget on
19 January 2021
Bedell Cristin property specialists Jeff O’Boyle and Jane Needham have been sworn in as Advocates of the Royal Court of Jersey.
Jeff, also a Solicitor in England and Wales, was born in Northern Ireland and, after training in London and undertaking internships abroad, spent 12 years at U...
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By Crystal PR on
19 January 2021
Crestbridge has appointed Alex Di Santo (pictured) to the role of Group Head of Private Equity, responsible for the development and implementation of the firm's private equity fund services strategy.
Alex will also focus on raising Crestbridge’s profile in the private equity fund se...
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By Crystal PR on
18 January 2021
Carey Olsen's Jersey funds team has advised Patron Capital on the launch of its latest European real estate fund, Patron Capital VI.
At its final closing, the fund reached a total size of €844m, including approximately €128m of co-investment capital.
This is the second Pa...
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By Carey Olsen on
18 January 2021
Litigation and dispute resolution firm Baker & Partners has promoted Senior Associate Lynne Gregory to the firm’s partnership in Jersey.
Lynne is a senior litigator with more than 25 years’ experience dealing with a wide range of civil and commercial disputes, along with ...
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By Infinite Global on
18 January 2021
Jersey-based law firm Preston Legal has appointed two new Partners – Ian Jones and Mark Boothman.
Mark (pictured far right) is an Advocate of the Royal Court of Jersey (qualified 2014) and an English Solicitor (non-practising, qualified 2012) specialising in private client and commercial liti...
[read more]
By BL Global on
18 January 2021
Jersey-based firm Oben has appointed Paul Le Marrec to the role of Associate Director within the firm’s regulatory practice.
A chartered accountant, prior to joining Oben, Paul spent 15 years as a Senior Analyst at the Jersey Financial Services Commission, where his time was divid...
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By Oben on
18 January 2021
Jersey financial services business Fairway Group has promoted Danielle Le Blancq to the role of Assistant Manager.
Danille joined the firm in May 2019, working within the private and corporate clients department as a Senior Trust Officer.
Before joining Fairway, she spent more than three and a hal...
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By Fairway Group on
18 January 2021
Digital Jersey will be holding its annual review from 9.30am to 10.30am on 5 February – an online event looking back at the organisation's 2020 performance and its plans for the coming years.
The event will feature Digital Jersey CEO Tony Moretta, host Gary Burgess and guests, who will lo...
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By Digital Jersey on
15 January 2021
The Jersey Financial Services Commission has updated the definition of ‘anti-money laundering legislation’ in several of its codes of practice as a consequence of legislative amendments and following the UK’s departure from the European Union.
The changes came into effect on 1 Jan...
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By Jersey Financial Services Commission on
15 January 2021
The KPMG firms in the Channel Islands and Isle of Man have announced the merger of their businesses to form a single practice operating across the Crown Dependencies.
The combined practice, a professional services business of 430 staff, forms a core part of the KPMG Islands Group, made u...
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By KPMG on
14 January 2021
Appleby has appointed Christophe Kalinauckas as Group Partner in its Jersey office.
Christophe (pictured right) joins the firm after eight years with Walkers. A Jersey Advocate, he specialises in corporate and private equity work, debt finance and real estate finance matters.
He also has exp...
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By Appleby on
14 January 2021
Carey Olsen and Zedra have supported Jersey-based token issuer Vow on the launch of its Vow token ecosystem, a solution for distributing debt-free liquidity into local communities through a customer loyalty mechanic.
Carey Olsen Partner Chris Griffin, who leads Jersey's digital assets, fi...
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By Agility PR on
14 January 2021
Former BT executive Angus Flett has been appointed to the board of JT as a Non-Executive Director.
Angus is the CEO of Smart Data Communications Company and has an extensive background in telecoms, including roles in product management, marketing and service operations.
He spent almost four ...
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By Direct Input on
14 January 2021
Skipton International, the Guernsey-licensed bank with a mortgage centre in St Helier, has announced assets of more than £2bn for the end of 2020.
With a global customer base in more than 100 countries and a growing Channel Islands and UK buy-to-let mortgage book, Skipton anticipates a busy f...
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By Skipton International on
14 January 2021
Voisin Law has named Daniel Walker as a new Partner within the banking and corporate team.
Daniel joined Voisin’s bursary scheme in 2005, before taking up a position as a trainee solicitor with the firm in 2006.
He has a wide practice area, including advising on all aspects...
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By Suzanne le Lay on
13 January 2021
Bedell Cristin Guernsey has advised UK insurance broker Aston Lark on its acquisition, via its joint venture vehicle Spring Partners (Holdings), of Neon Sapphire Underwriting. Neon Sapphire, a licensed Guernsey insurance manager, was acquired from Neon Holdings UK.
Spring Partners, a joint venture ...
[read more]
By Crystal PR on
13 January 2021
Fund and corporate services provider Aztec Group has supported Highland Europe with the fundraising activities and final close of its latest fund, Highland Europe Technology Growth IV.
Established in 2012, Highland Europe invests in rapidly growing European internet, mobile and software compa...
[read more]
By Aztec Group on
13 January 2021
The Guernsey Financial Services Commission has updated Appendix I to its Handbook on Countering Financial Crime and Terrorist Financing, following the Financial Action Task Force (FATF) announcement that it has removed the Bahamas from its list of jurisdictions under increased monitoring.
The...
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By Guernsey Financial Services Commission on
13 January 2021
The International Stock Exchange (TISE) has appointed Gill Morris as a Non-Executive Director of group parent company The International Stock Exchange Group (TISEG).
Gill joined the board on 1 January alongside Charlie Geffen who, following a year as Chair of regulatory subsidiary ...
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By TISE on
12 January 2021
Guernsey-based company Invicta Wealth Solutions has appointed Ashley Paxton to its board as Non-Executive Chairman to complete its 2020 rebrand.
Ashley is a Guernsey-based Chartered Accountant with 30 years of financial services industry experience.
He retired as KPMG’s Channel Island...
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By Invicta Wealth Solutions on
12 January 2021
The Institute of Directors is holding its January Breakfast this week in Guernsey, which will discuss challenges in making decisions during the current difficult conditions.
Cyrille Joffre, Chief Operating Officer of Sure, will look at the best way to make decisions in t...
[read more]
By Black Vanilla on
12 January 2021
Appleby has advised Velocity Sports Partners, the sports investment arm of US firm ALK Capital, on the acquisition of a majority shareholding in Premier League football club Burnley FC from, among others, the outgoing Chairman and Director of the club, Michael Garlick.
Appleby worked with App...
[read more]
By Appleby on
12 January 2021
Carey Olsen has advised Singaporean property developer and asset manager Sun Venture on the launch of its first Jersey Private Fund (JPF), structured as a Jersey Limited Partnership, to facilitate the purchase of 1 and 2 New Ludgate in the City of London.
At £552m, the acquisition was t...
[read more]
By Carey Olsen on
11 January 2021
Hawksford has appointed Brian Balleine to the role of Director, Private Client Services, based in Jersey. He will focus on developing relationships with intermediaries globally.
Brian is a financial services and wealth management specialist with more than 30 years’ experience across Europe, t...
[read more]
By Liquid on
11 January 2021
Saffery Champness Registered Fiduciaries has announced three senior promotions in the firm's Guernsey office.
Donna Brehaut becomes Associate Director. A private client specialist, Donna joined the firm in October 2018 after 11 years with Nerine Fiduciaries.
She has worked with high-net-worth ...
[read more]
By Infinite Global on
11 January 2021
Ogier's Jersey corporate team has advised Singapore's sovereign wealth fund, GIC, on its joint venture with New York-listed global real estate investment company Kennedy Wilson, to acquire and manage urban logistics properties in the UK.
The venture has the potential to expand into Ir...
[read more]
By Ogier on
11 January 2021
Bedell Cristin Guernsey has acted as lead counsel for the vendor shareholders in the sale of Guernsey-based insurance manager Robus Group to UK-based broking and underwriting group Ardonagh.
Robus also has offices in Gibraltar and Malta.
The Bedell Cristin team was led by Partner Richard Sharp, as...
[read more]
By BL Global on
8 January 2021
Finance leaders expect a return to growth in 2021, with optimism rising to a record high since the survey began in 2007, according to Deloitte’s latest chief finance officer survey.
Despite the surge in business optimism, half of CFOs do not expect demand for their own businesses t...
[read more]
By Deloitte on
8 January 2021
Mourant has advised Suntec Real Estate Investment Trust on its inaugural investment in the UK, a £430m acquisition of a 50% interest in The Nova Building in Victoria, London.
The team, led by Jersey Partner Joel Hernandez, Counsel John MacFeeters and London-based Associate Ellie Oury, handled...
[read more]
By Mourant on
8 January 2021
The Jersey Financial Services Commission has announced details of this month's sector-specific webinar, designed to cover the findings and recommendations of October's National Risk Assessment report.
The next webinar will focus on the investment business sector and will take place on Wedne...
[read more]
By Jersey Financial Services Commission on
8 January 2021
Ocorian has announced that Farah Ballands is stepping down as CEO, with Frederik van Tuyll taking over the position in addition to his role as Chairman.
Farah has served as CEO of Ocorian since February 2020, having overseen its merger with Estera, which she led from January 2016.
...
[read more]
By Ocorian on
7 January 2021
Jersey-based trust company VG has announced eight promotions.
Dominic Coyne and Jodie Gray have been named Associate Directors. Dominic has been with VG for almost 20 years. He is responsible for managing the funds and Islamic finance team, including real estate transactions involving Shariah...
[read more]
By VG on
7 January 2021
Imperium Fund Services (IFSL), an outsourced services provider to the closed-ended alternative funds industry, has appointed Andy Hatton as Client Services Director.
Andy joins the firm after six and a half years with Belasko Administration, where he most recently led the Guernsey funds team. ...
[read more]
By Candice Vermeulen on
7 January 2021
PraxisIFM Fund Services (UK) has provided administration and corporate secretarial services to sustainable investment company Ecofin US Renewables Infrastructure Trust (RNEW), which was admitted to the London Stock Exchange on 22 December.
RNEW’s IPO raised $125m based on its objective to inv...
[read more]
By Orchard PR on
7 January 2021
Bedell Cristin Partner Nancy Chien (pictured) looks at the implications of a Jersey law brought in this week that will make public more company information
The Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020, which came into effect on 6 January, will increas...
[read more]
By Crystal PR on
7 January 2021
The International Stock Exchange (TISE) listed 831 securities during 2020 against the backdrop of the coronavirus pandemic.
This is the second highest annual total of new listings since the inception of the Exchange – eclipsed only by 2018 – and represents a 27% increase on 2...
[read more]
By TISE on
6 January 2021
Guernsey Electricity has appointed two energy industry specialists to its board as Non-Executive Directors.
Ian Chapman and Tania Songini will help the executive management team develop the company’s strategy and fulfil Guernsey’s energy policy and the island’s future energy...
[read more]
By Liquid on
6 January 2021
IQ-EQ has completed the acquisition of Constellation Advisers, a US-based outsourced investment management services provider.
The transaction follows IQ-EQ's acquisition of US outsourced solutions provider Blue River Partners in 2020, and the integration of that business into the group. T...
[read more]
By Aspectus Group on
5 January 2021
The Jersey Post Group is to acquire Jersey freight and delivery company Woodside Logistics.
The group says the acquisition will help it provide an end-to-end service encompassing marketplace e-commerce platforms, final-mile delivery services and international imports and exports for local bus...
[read more]
By Jersey Post on
5 January 2021
Following the recent acquisition of a management company platform in Ireland, Equiom has launched a 'super-manco' for fund managers.
The new business, Equiom Fund Solutions (Ireland), offers fund managers AIFM and UCITS solutions for regulated funds looking to raise capital from investors i...
[read more]
By Agility PR on
4 January 2021
Carey Olsen has reported that for the fifth year in a row, Carey Olsen Corporate Finance was the leading listing agent for The International Stock Exchange (TISE) last year, acting in nearly 60% of the high-yield bonds listed on TISE in 2020.
According to the firm, it acted as listing agent f...
[read more]
By Carey Olsen on
4 January 2021
Saffery Champness Registered Fiduciaries has appointed Matthew Gilligan as an Associate Director within the firm’s Guernsey office.
Matthew will work with the fiduciary team to provide offshore solutions for ultra-high-net-worth individuals in key jurisdictions. He will also focus ...
[read more]
By Infinite Global on
4 January 2021
Collas Crill has extended its family law services in the Channel Islands with the appointment of Partners Adrian Brown and Elizabeth Couch in Guernsey.
In addition, Partner Dionne Gilbert has joined the international private client and trusts team in Jersey.
Adrian and Elizabeth have transfe...
[read more]
By Collas Crill on
4 January 2021