In the 11 years that Ben Gutteridge has worked at Brewin Dolphin, the UK-headquartered discretionary wealth manager with a Jersey office, has nearly doubled its assets under management, from £17bn to around £30bn.
Stanhope Capital, which has some 65 employees in London and Geneva, is to launch a third office in Jersey, aimed at serving its clients among the Channel Islands trust companies.
The Jersey funds sector reached a five-year record high in the third quarter, according to a report from the Jersey Financial Services Commission.
Geoff Cook, chief executive at Jersey Finance, says chancellor George Osborne must continue to focus on tax evasion in this year’s Autumn Statement.
Africa must rely on international financial centres if it is to raise the $6.1trn of direct foreign investment it requires to support the continuation of its growing economy.
Ogier has expanded its Jersey office with the recruitment of a new partner.
First Names Group has appointed a group business development director to help advance relationships with its growing network of clients and intermediaries.
Darren Zaman has been appointed chief executive of Brooks Macdonald International (BMI), replacing John Davey, who has stepped down to pursue other business interests.
First Names Group has agreed terms to acquire Jersey trust and corporate services provider Seymour Trust Company, its seventh acquisition since its management buyout in July 2012.
Jersey’s funds sector grew 2.6% to just over £200bn in the second quarter, according to figures released today in Jersey Finance’s latest industry report.
Miles Le Cornu is to join Coutts on 8 September as head of private client trust services at Coutts Trustees in Jersey.
The chairman of a new ombudsman service for financial services in the Channel Islands has been named as David Thomas, a lawyer who was appointed as the UK banking ombudsman in 1997 and subsequently became a principal ombudsman with the UK Financial Ombudsman Service.
