100WF raises over $50K at its Barefoot Beach Gala
100 Women in Finance (100WF), a non-profit organisation for professionals in the finance and alternative investment industries, raised more than $52,000 at its recent Barefoot Beach Gala.
Butterfield completes acquisition of Deutsche Bank’s non-US trust business
Butterfield has completed its acquisition of Deutsche Bank’s Global Trust Solutions business outside of the US. The portfolio consists of some 1,000 trust structures for approximately 900 clients.
Three governance professionals launch new fiduciary services firm in Cayman
On the back of a growth in demand for quality fiduciary services, three experienced figures in the alternative investment industry have partnered to form a new licensed fiduciary services company in the Cayman Islands.
Hedge funds make solid start to the year
Hedge funds started the year up 2.20 percent in January with managers reporting performance-based gains of $20.3 billion while investor subscriptions stood at $21.7 billion at the start of the year, according to the Eurekahedge Billion Dollar Hedge Fund Index.
Plethora of speakers wow delegates at regulatory seminar
Senior representatives from HM Revenue & Customs in the UK and the Cayman Islands Monetary Authority were among the speakers at Mourant Ozannes’ eighth annual Cayman regulatory seminar which took place on 2 February 2018, under the theme ‘Existential challenges meet industry differentiation and resilience’.
Butterfield acquires slice of Deutsche Bank’s business in Cayman
The Bank of NT Butterfield & Son has entered into an agreement to acquire Deutsche Bank’s banking and custody business in the Cayman Islands, Jersey and Guernsey, which provides services primarily to financial intermediaries and corporate clients. Terms of the agreement were not disclosed.
Hedge funds produce steadier returns than equities or bonds
Hedge funds have produced more consistent and steadier returns than equities or bonds over both the short term and the long term, according to new research by Preqin, the data provider, and the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers.
Estera strengths senior team with new hire
Estera, a global provider of fiduciary and administration services, continues to strengthen its workforce following a senior appointment. David Lambotte has joined as a director and his role encompasses the management and development of the group’s private client services.
Mourant Ozannes promotes Cayman lawyer to global partnership
Offshore law firm Mourant Ozannes has reinforced its Cayman Islands finance practice with the appointment of Chinyin Johnston to its global partnership. The firm has also appointed two new partners in its Jersey office, bringing the total number of partners at the firm to 60.
Campbells hires experienced commercial litigator
Campbells has hired an experienced commercial litigator into its litigation, insolvency & restructuring group. Mo Haque QC brings over 20 years of dispute resolution and arbitration experience to the firm.
