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Insurance and asset management company Aviva has made a strategic investment to acquire a majority shareholding in Guernsey-connected fintech business Wealthify.

Nearly 200 fund managers and advisers attended a Guernsey event in London last week to hear the practical aspects of implementing the Alternative Investment Fund Managers Directive.

Funds experts will examine Guernsey's approach to the EU's Alternative Investment Fund Managers Directive (AIFMD) at an event in London this November.

The event typically attracts an audience of some 400 people.

A Guernsey domiciled fund has raised £300 million on listing on the London Stock Exchange.

Guernsey offers "authority and certainty" with its expertise in the private equity sector, according to the head of the industry body in the UK.

Carey Group Managing Director Jim Gilligan shares his views in the Guernsey Press' Q3 Business Review about how the island's strengths are becoming apparent within the global private wealth...

Fiona Le Poidevin, Chief Executive of Guernsey Finance, explains how Guernsey is offering a fresh approach to foundations.

The framework has been well received both locally and the wider pensions industry.

A shortlist of firms in each category was put forward by the independent financial adviser market.

The Guernsey Financial Services Commission (GFSC) is in the process of reviewing (with a view to upgrading) the existing anti-money laundering (AML) and countering of financing of terrorism (CFT) regulations. Some of the proposed changes will also mean amendments to existing Guernsey legislation.

Guernsey has been ranked as the number one European specialist finance centre in The Banker's annual ranking of the top international finance centres (IFCs).

Advocate Kapp highlighted the escalation in the commitment among ultra-high net worth families to philanthropy.

Nerine was the first Channel Islands independent trust company to open an office in India with the launch of Nerine Advisory Services Pvt Limited in Delhi in 2011, which was followed later that year by the incorporation of Nerine Trustee Company Pvt Limited.

Stuart Lawson, head of regulatory change and market development at Northern Trust in Guernsey says the introduction of AIFMD has resulted in asset servicing undergoing significant change.

Friends Life Group Limited has today been acquired by Aviva plc for £5.6 billion.

The PIF can be either closed or open-ended and should contain no more than 50 legal or natural persons holding an economic interest in the fund