UK-based wealth and asset manager Shard Capital Partners has unveiled a Jersey investment venture.
Shard Capital (Jersey) will be available to clients who require a custodian based in the Channel Islands, the firm said.
It will provide discretionary, advisory and execution-only investment services to trust, family office and private clients.
The newly created business will be led by chief executive Greg McIntyre.
Shard Capital (Jersey) is regulated by the Jersey Financial Services Commission and is an associated company of Shard Capital Partners, which is regulated by the Financial Conduct Authority (FCA) in the UK.
Defensive investment strategy
McIntyre said: “We are delighted to announce the launch of Shard Capital in Jersey. As a fully independent company, we will provide our clients with a bespoke, personalised director led offering.
“The key to delivering a great client experience is in the team we are building, and we are therefore delighted to have seasoned investment professionals Marc Schroeder and Mike Hollings helping to lead the business.
“This is a hugely exciting time for us. Following extensive feedback from trustees, we are delighted to launch a bespoke defensive investment strategy.
“This solution is available to clients who would like to increase returns on existing cash holdings, but don’t want to invest in the financial markets. We are confident that we have a suitable solution and look forward to further diversifying our service offering in the months ahead.”