First Names Group appoints new Jersey MD
First Names Group has appointed Ben Newman as managing director of its Jersey trust and corporate services business.
First Names Group has appointed Ben Newman as managing director of its Jersey trust and corporate services business.
Almost five months after the Czech Republic enacted legislation introducing trusts, a group of trust law experts have come together to establish the Association for Support and Development of Trusts.
The Isle of Man-based Boston Group, a privately-held family office and fiduciary firm that has been growing rapidly over the last two years, has named Alex Fray to the newly-created post of chief operating officer.
Isle of Man lawmakers have taken the first steps towards amending the island's trust laws, in order to become more competitive with rival jurisdictions, many of which have reformed their own trust legislation in recent years.
The ultimate owners of companies and trusts will have to be listed in public registers in EU countries, under draft anti-money laundering rules approved by the European Parliament on Tuesday.
JPM Brazil fund manager Sebastian Luparia will be handing the portfolio to Sophie Bosch de Hood as he takes on a new role in the emerging market equity team.
The Czech Republic’s trust law is just 23 days old today‚ but already‚ wealth managers there and elsewhere are keen to learn more about it. Here‚ five Czech-based experts‚ who were involved in advising on its creation‚ and who are now involved in putting some of the jurisdiction’s first trusts together‚ discuss its features‚ attractions‚…
Jersey-based Nautilus Trust is continuing its global expansion strategy with the opening of an office in Hong Kong‚ where it is looking to take advantage of the jurisdiction's recently-amended trust laws.
Since the beginning of January‚ wealth managers in the Czech Republic have been able to make use of trusts for the first time‚ following extensive changes to the country’s civil laws.
More than half of discretionary fund managers will be placing business into investment trusts in the next six months, while almost half of financial advisers will reject the closed-end structure.
Andrew Gillan has decided to leave Aberdeen Asset Management, handing over his Edinburgh Dragon investment trust to Adrian Lim. He is understood to be joining Henderson.
F&C’s US Smaller Companies Trust could find its premium come under pressure following the resignation of Robert Siddles, who has decided to join Jupiter.