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New investment legislation promises fresh boost for fund sector

New investment legislation promises fresh boost for fund sector

Some 12 years ago the Mutual Funds Act provided regulation of the investment fund sector in the British Virgin Islands for the first time. »

International outreach boosts funds growth

International outreach boosts funds growth

The British Virgin Islands have been a major offshore financial centre for around a quarter of a century. »

A high-quality administration model

A high-quality administration model

International Financial Administration was born out of a desire to offer a higher quality of service than was generally available to asset managers - and that remains elusive today. »

Administrators' growth helps boost fund services offering

Administrators' growth helps boost fund services offering

Several years ago, when Citco stopped carrying out fund administration in the British Virgin Islands and consolidated its operational services in Curaçao, the islands' fund services business »

Fund industry rides out the credit crunch

Fund industry rides out the credit crunch

The worldwide credit crunch and economic slowdown may be temporarily hobbling the growth of hedge funds, but for Walkers' practice in the British Virgin Islands and for the jurisdiction's fund indu »

BVI funds offer a Caribbean alternative

BVI funds offer a Caribbean alternative

The fund services industry in the British Virgin Islands has been reinvigorated over the past few years, notably through the rapid growth in the number and size of international law firms as well a »

Global's GCC Real Estate Fund-II acquires Riyadh office building

Global's GCC Real Estate Fund-II acquires Riyadh office building

Kuwait-based Global Investment House has acquired the first asset for the Global GCC Real Estate Fund-II, a USD500m closed-ended fund launched in July that seeks to capitalise on investmen »

Butterfield Fulcrum Group completes merger to become USD100bn administrator

Butterfield Fulcrum Group completes merger to become USD100bn administrator

Butterfield Fund Services, formerly a wholly-owned subsidiary of Bermuda's Butterfield Bank, and Fulcrum Group, an independent fund administrator also with headquarters on the island, back »

Risk to financial institutions of investment bank failures overblown, say analysts

Risk to financial institutions of investment bank failures overblown, say analysts

The Chapter 11 filing of Lehman Brothers on Monday may have been a seismic event in the global financial markets, according to a report from Standard & Poor's Ratings Services, but the »

Citadel expands distribution in Europe, Middle East and North Africa through Merrill hires

Citadel expands distribution in Europe, Middle East and North Africa through Merrill hires

Alternative investment manager Citadel Investment Group has announced two senior hires from Merrill Lynch to lead the firm's capital development efforts in Europe, the Middle East and Nort »

Propinvest completes Europe's largest single real estate acquisition

Propinvest has announced the completion of the GBP 1.9bn acquisition of the global headquarters of Banco Santander in Madrid's Boadilla del Monte, which it says is the largest single Europ »

Financial industry still in shock as US investment banking model crumbles

Financial industry still in shock as US investment banking model crumbles

Financial markets tumbled around the world during the week following the 'Black Sunday' for the US investment banking industry in which the third-largest investment bank, Merrill Lynch, wa »

Katten Muchin Rosenman Cornish adds partners in London

Katten Muchin Rosenman Cornish adds partners in London

Andrew Turner and Imran Sami have joined the London office of law firm Katten Muchin Rosenman Cornish as partners, strengthening the firm's expertise in areas including corporate transacti »

GlobeOp to establish operational facility in New York state

GlobeOp to establish operational facility in New York state

Hedge fund administrator GlobeOp Financial Services, which offers business process outsourcing, financial technology services and analytics to traditional and alternative asset managers, i »

Schroders builds Nordic presence with senior hires

Schroders builds Nordic presence with senior hires

Schroder Property has appointed Ubbe Strihagen as Schroder Property's Director of Business Development for the Nordic region reporting to Mike Clar »

Pioneer says departures will not damage fund of hedge funds business

Pioneer says departures will not damage fund of hedge funds business

Pioneer Alternative Investments has confirmed the resignation of nine members of its fund of hedge funds division in London and New York, including senior members of the investment team Ma »

Hedgemedia's AltInvestment Global News Round-Up: Paulson ready to go long on banks

Hedgemedia's AltInvestment Global News Round-Up: Paulson ready to go long on banks

New York-based hedge fund manager John Paulson, whose firm now manages USD35bn, has announced in a conference call with investors his readiness to take long positions in mortgage securitie »

Guide to setting up an investment fund in Luxembourg

Guide to setting up an investment fund in Luxembourg

Luxembourg »

Guide to setting up an investment fund in Jersey

Guide to setting up an investment fund in Jersey

Jersey is a high-quality location for fund management and administration with more than four decades of experience in servicing the investment funds market. »