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Guernsey

EEA investors face more delays selling shares in doomed fund

Equities | 8 Aug 16

EEA investors face more delays selling shares in doomed fund

Investors in the ill-fated EEA Life Settlements Fund have been told they cannot sell their shares in so-called ‘death bonds’ until later in the year as not enough cash has been generated from maturing policies, according to campaign group EEA Investor’s Group (EEIG).

Guernsey is a financial services ‘safe haven’, says minister

United Kingdom | 30 Jun 16

Guernsey is a financial services ‘safe haven’, says minister

The island remains a “safe haven” for financial services despite the UK’s decision to leave the European Union, according to Guernsey’s chief minister, deputy Gavin St Pier.

No change for crown dependencies’ financial services sectors

United Kingdom | 27 Jun 16

No change for crown dependencies’ financial services sectors

The financial services sectors of Jersey, Guernsey, and the Isle of Man should see little, if any, change following the UK’s decision to leave the European Union.

Brexit: the international reaction

Europe | 24 Jun 16

Brexit: the international reaction

The UK narrowly voted on Thursday (52:48) to leave the European Union, an unprecedented move with an unclear outcome. What follows will undoubtedly be at least two years of uncertainty, but how will the offshore financial centres fare?

To sell or not to sell: EEA investors facing ‘dismal’ options

Fixed Income | 20 Jun 16

To sell or not to sell: EEA investors facing ‘dismal’ options

Investors in beleaguered Guernsey-based EEA Life Settlements Fund are stuck between the devil and the deep blue sea as they decide whether to sell their shares at a heavily discounted price or face another 10 years in the failed fund.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.