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Cayman Islands

Tax & Regulation | 30 Jun 15

Belvedere-owned Kijani funds go into liquidation

Cayman Islands-based, Kijani Resources, which is owned by troubled offshore fund house Belvedere Management Group, has gone into liquidation after its parent business was taken over by the island’s monetary authority earlier this month.

Jersey foreign direct investment passes £65bn

United Kingdom | 30 Jun 15

Jersey foreign direct investment passes £65bn

Jersey has attracted more than $65bn and distributed over $75bn annually, according to a new report commissioned by Jersey Finance, the representative body for the crown dependency’s financial community.

HMRC confirms Australian super funds are no longer QROPS

Retirement | 30 Jun 15

HMRC confirms Australian super funds are no longer QROPS

HM Revenue & Customs has confirmed that Australian superannuation funds no longer meet the requirements to be considered a Qualifying Recognised Overseas Pension Scheme (QROPS), according to the Australian Superannuation Funds Association (ASFA).

Greek crisis causes surge in investors seeking professional advice

Investment | 30 Jun 15

Greek crisis causes surge in investors seeking professional advice

The number of investors looking for help from wealth management firms has soared as the situation in Greece sparks greater market volatility.

Refocus on fund management sees JP Morgan hand £370m client book to Hargreaves

Investment | 30 Jun 15

Refocus on fund management sees JP Morgan hand £370m client book to Hargreaves

As many as 7,000 JP Morgan clients and £370m in assets are to be acquired by Hargeaves Lansdown as part of an ongoing effort to refocus its business on its strength: fund management.

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