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By Craig Cordle (pictured), Ogier – It’s no secret that new investment company listings have been relatively sporadic of late – I won’t say this is entirely down to Brexit (see below recent successful initial public offerings which Ogier Guernsey has acted on), but it’s clear to me that Brexit has stalled a number of fundraisings which have gone out to market. Fortunately, the word is that as soon as we have a bit of clarity on the way forward, there may be a race to market.
Taking a longer term view, data from the London Stock Exchange to the end of
By Mark Oliphant, TISE – More international recognitions and a green market segment have further expanded the potential capital pool available to entities listed on The International Stock Exchange (TISE).
A common aim for investment managers is ensuring that their product is available to the widest range of, and can secure the largest possible capital allocation from, potential investors. As a result, they will look at establishing and running their investment vehicle taking into account one of more of a range of factors, including their own preferences, the demands of the underlying investors and regulatory/legal/tax requirements.
Investors, including institutions such as
Guernsey’s long-established constitutional position and expertise in funds makes the island ideally suited to support global investment funds post-Brexit, according to members of the Guernsey Investment Fund Association.
In an era of unprecedented uncertainty, Guernsey offers a steady jurisdiction based upon a constitutional relationship with the UK stretching back over 800 years, more than 50 years of experience as a finance centre of choice for funds business, and more than 40 years of experience as a third country operating outside of, but in close partnership with the EU – something that the UK will aspire to post Brexit.
Much has
Dr Andy Sloan, Deputy Chief Executive, Strategy, at Guernsey Finance, explains why Guernsey is a natural home for managers pursuing the trend of splitting fund structures for improved distribution and service…
Fund managers are increasingly looking to split fund structures in a bid for effective global distribution with better service and reduced cost – and Guernsey is the jurisdiction working for them.
In the past few years fund managers using Guernsey have been looking for structures that would enable split distribution. They have been looking for quality and efficiency of service, the opportunity to use new solutions, including distributed ledger
In light of global initiatives such as the Paris Accord, one area the bailiwick of Guernsey has focused on, with respect to product innovation, is green investing in the financial services industry. It has developed policies in response to expected demand for green investment products over the next two or three decades; ie verifiable, certifiable green products.
“Our strategy has been to utilise our regulatory autonomy to create the world’s first green fund product; the Guernsey Green Fund (‘GGF’),” says Dominic Wheatley, Chief Executive of Guernsey Finance. “We intend to build on this and develop more ESG products. It’s necessary to anticipate
Neuberger Berman has held the final close of NB Private Debt Fund III at USD1.7 billion, surpassing its target of USD1.5 billion.
The Fund, which launched in October 2017, is the successor to NB Private Debt Fund II, which had commitments of USD750 million. The Fund seeks to invest in first lien, unitranche, and second lien loans of US middle-market companies backed by private equity firms.
Including the Fund, Neuberger Berman Private Credit manages approximately USD4.2 billion of committed capital with credit strategies focused on debt origination and opportunistic investing in secondary markets. Neuberger Berman Private Credit focuses on
CMC Markets, a spread betting and contracts for difference (CFD) provider, is now offering its customers the ability to spread bet and trade CFDs on the US Fang Plus index.
This delivers exposure to a balanced portfolio of highly-traded growth stocks from next-generation technology companies, including Facebook, Amazon, Netflix, Alibaba and Baidu.
Many of the high-profile technology stocks have outperformed the underlying market in recent years. Backtesting by the Intercontinental Exchange showed that the NYSE FANG+ Index would have returned a 24.2 per cent annualised total return from 19 September 2014 to 29 March 2019, compared with 15.21 per
Switch Datacenter Group has sold its AMS1 data centre and operations to Equinix, in an all-cash transaction for EUR30 million (USD34 million).
Switch Datacenter Group sees the sale as a logical step on its path to strengthening its focus on the colocation wholesale market and customer-specific site development for enterprises and hyperscale customers.
Over the last couple of years, Switch Datacenter Group has evolved from a high-end classical retail colocation provider into a professional designer, developer and operator of high-end (wholesale) data centres. Switch Datacenters has made significant investments in R&D and the development of state-of-the-art data centre infrastructure
SIX and Shanghai Stock Exchange have renewed their existing Memorandum of Understanding (MoU) with the intention of further deepening their collaboration which was initiated in 2015.
A Swiss delegation visited the Shanghai Stock Exchange today, where the two parties signed the document in the presence of Swiss Confederation President Ueli Maurer.
Through the updated MoU, SIX and Shanghai Stock Exchange are underpinning the long and close relationship between China and Switzerland that has been intensified since the signing of the free trade agreement concluded between the two countries in 2013 and currency agreement between the Swiss National Bank and
Sterling Trading Tech (STT), a specialist in professional trading technology solutions, and Nasdaq have created a video series outlining the primary features and benefits of utilising Nasdaq TotalView on Sterling Trader Pro professional trading platform.
Nasdaq TotalView is the standard Nasdaq data feed for traders, displaying the full order book depth for Nasdaq market participants. Leveraging Nasdaq TotalView on Sterling Trader Pro enables traders to determine pockets of liquidity at each price. The three-part video series provides traders with the tools needed to refine their strategy and make informed decisions based on the depth of liquidity.
Narrated by Nasdaq
