Insinger de Beaufort Sets Up Guernsey Team To Distribute Investment Products
Insinger de Beaufort,
the international private banking and trust group, announced recently
that its Channel Islands subsidiary, Insinger Asset Management
(Guernsey) Ltd, has obtained a licence from the Guernsey Financial
Services Commission to conduct promotion and distribution activities
from within the Bailiwick of Guernsey. Insinger de Beaufort
now has in place a local office with a five-strong team concentrating
on international distribution of the group's products across a
range of jurisdictions including Jersey, Guernsey, the Isle of
Man, South Africa, Latin America, Asia and continental Europe. A press release from
Insinger de Beaufort said: 'The unit has combined offshore financial
services experience of over 50 years and has been central to building
one of the most successful distribution operations in offshore
fund management and life assurance business. The team will concentrate
on providing support to Insinger de Beaufort’s Multi-Manager
products and services.' The Guernsey team,
which works closely with the Insinger de Beaufort business development
manager in Jersey, is headed by Clive Rooney, who has welcomed
the development, saying: 'Insinger de Beaufort has a history of
effective wealth management stretching back to 1779. Our intention
is to focus activity around Insinger de Beaufort’s unique
manager selection processes, which have been developed and finely
honed over the last five years.' He continued: 'We
believe Insinger de Beaufort offers investors and their advisors
the very best in multi-manager investment; our aim is to ensure
that the widest possible global audience is made aware of the
benefits of using our services.' .
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