International Operations & Strategy. Derek Muller Executive Director
|
|
- Cecil Tucker
- 6 years ago
- Views:
Transcription
1 International Operations & Strategy Derek Muller Executive Director
2 International Banking Strategy Sustainable businesses in which we have core competencies Customer Driven e.g. trade and project finance Working with Old Mutual Low Risk approach in Africa Commercialisation of Technology and Operations No major changes with integration of BoE. No intention to do retail banking in developed markets. Limited retail in neighboring countries. No international investment banking aspirations.
3 Nedcor Offshore Structure Jersey, Geurnsey Isle of Man Gerrard Private Bank Fairbairn Trust BoE / Stenham Beijing Rep Office Correspondent Banking Trade Finance Taipei Rep Office Correspondent Banking Private Banking London Branch Treasury Corporate Banking Private Banking Forfaiting (Risk) Trade Finance Structured Trade Finance Nedbank Trade Services (Mauritius) Trade Finance Structured Trade Finance Hong Kong branch Treasury Corporate Banking Private Banking Origination (Forfaiting) Trade Finance Structured Trade Finance Singapore Branch Correspondent Banking Trade Finance Origination (Forfaiting) Private Banking
4 Nedcor Africa Structure FINCOM SBM Commercial Bank of Namibia MBCA Swaziland Banque SBM Lesotho
5 Gerrard Private Bank Old Mutual plc 52.4% 100% Nedcor Limited Gerrard Limited 100% Old Mutual International Holdings Ltd. (Bermuda) 75% 25% Gerrard Private Bank (Jersey) Ltd Fairbairn Trust Co. Ltd Gerrard Trust (Jersey) Ltd Gerrard Private Bank (IoM) Ltd Old Mutual have an option to increase their shareholding to 51%. Brand licence agreement with Gerrard Ltd U.K.
6 Gerrard Private Bank Strategic Rationale for Joint Ownership It provides an opportunity, outside South Africa, for Old Mutual and Nedcor to develop their relationship. Draws on the complementary strengths of both shareholders in the asset and risk management areas. It provides further hard currency earnings for Nedcor. Obviates overlap in the HNW market. Maximises the skill transfer synergies between the group.
7 Gerrard Private Bank Strategy: Work the Gerrard client base. Expand South African client base Recently rated internationally A2P1 by Moodys Award winning products and services Launched in South Africa via Representative Office September 02 Subject to regulatory approval will open a Representative Office in Hong Kong 4th quarter 02 Plans to remain a full international Private Bank not an Anglo/South African offering
8 BoE BoE in the Isle of Man (RSA focussed) Stenham Gestinor (SG) has a presence in Guernsey (RSA focussed), Luxembourg (Company Admin) and Switzerland (European focussed), with smaller offices in Panama, BVI, Netherlands. SG Trade Finance. Chiswell Assoc. - Asset Management (focus on charity funds)
9 NIB offshore Multimanager (NIBi) IoM and London Targets: Individuals and institutions both domestic and international Treasury structured products London Targets: SA corporates offshore, asset managers and own account
10 Nedcor Africa Structure NEDCOR AFRICA Trade & Commodity Finance MBCA Zimbabwe SBM Mauritius Equator Banque SBM Madagascar SBM Nedbank International Nedbank Lesotho Nedbank Swaziland Fincom Malawi Commercial Bank of Namibia Term & Project Finance
11 Africa Strategy Not one size fits all Limited investment of capital Physical Presence Low-risk (limited retail branch network) Low capital initiatives SADC and Countries contiguous to RSA Work with South Africa Corporate and Commercial clients Structuring capability centred in Johannesburg and London: Trade & Commodity Project Finance
12 Africa Strategy Aplitec Strategy in Africa (Aplitec held 29% by Nedcor) Supportive of NEPAD Alliances BNP Paribas HSBC State Bank of Mauritius
13 African Project Finance Risk mitigation via ECIC Ability to assess and take commercial risk Ability to manage risks Professional experienced team Debt and equity provider for limited recourse finance projects in SADC Sourcing and implementation of structured, corporate and limited recourse finance transactions in Namibia
14 Commercialisation of Technology & Operations Assessed as being globally competitive in the application of process and information technology to improve productivity Precedents exist for successfully commercialised transaction service providers Viable opportunity for a commercial entity supplying services both locally and internationally Volume solution to increasing technology spend required to remain in a pre-eminent position Differentiated model to unlock shareholder value in medium term Need 4 5 Swisscard type contracts to be material
15 Asia Have been in Hong Kong since Successful track record, other than 1997 meltdown. Continue to look for expansion opportunities in trade finance. Singapore trade finance. Representative offices have been disappointing. Private banking with Old Mutual.
16 Sources of core earnings 2% 82% 18% 6% 10% SA UK Africa Other The ROE was 12,8% for the six month period ended 30 June 2002.
17 The shape of Nedcor offshore Total assets R50,6bn (26%) Total advances R32,8bn (22%) 31 December 2001 Shareholders funds R5,1bn (32%) Contribution of 17% of core earnings ROE 11% (25% including translation gains)
18 Questions?
Preliminary Results Announcement
Preliminary Results Announcement JIM SUTCLIFFE Chief Executive Introduction 23 rd February Day s agenda UK 09:00 10:00 10:30 11:00 12:00 12:45 SA 11:00 12:00 12:30 13:00 14:00 14:45 OM analyst presentation
More informationKey Facts Companies. Cayman Islands
The is a mature, sophisticated and strongly regulated jurisdiction, with an established gold standard reputation among international investors, a highly experienced professional community and a sophisticated
More informationContents. 1. Working with Barclays 2. Bespoke client solutions 3. Your Barclays team 4. Appendix 5. Client case studies. 2 Offshore Corporate
Offshore Corporate Contents 1. Working with Barclays 2. Bespoke client solutions 3. Your Barclays team 4. Appendix 5. Client case studies 2 Offshore Corporate Working with Barclays 3 Offshore Corporate
More informationRetail: Competing in the New World J.P. Morgan UK Financials Conference Wednesday, 8 December 2010
Retail: Competing in the New World J.P. Morgan UK Financials Conference Wednesday, 8 December 2010 James Cardew Global Head of Marketing Schroders plc Agenda Schroders Global business Schroders UK intermediary
More informationThe Capital Requirements (Country-by-Country Reporting) Regulations December 2017
HSBC Holdings plc The Capital Requirements (Country-by-Country Reporting) Regulations 2013 31 December 2017 This report has been prepared for HSBC Holdings plc and its subsidiaries (the HSBC Group ) to
More informationINTERNATIONAL MONETARY FUND
INTERNATIONAL MONETARY FUND Offshore Financial Centers Report on the Assessment Program and Proposal for Integration with the Financial Sector Assessment Program Supplementary Information Prepared by the
More informationOffshore financial centers in the Caribbean: How do U.S. banks benefit?
Offshore financial centers in the Caribbean: How do U.S. banks benefit? Michael Brei University Paris Ouest (France) & SALISES, UWI (Trinidad & Tobago) Motivation (I) - The decision of a country not to
More informationThe Attractiveness of Tax-Efficient IFCs in The New World Order. Onshore vs. Offshore perspective
The Attractiveness of Tax-Efficient IFCs in The New World Order Onshore vs. Offshore perspective The Attractiveness of Tax-Efficient IFCs in The New World Order Onshore vs. Offshore perspective New World
More informationUnderstanding Financial Interconnectedness
Understanding Financial Interconnectedness Key Messages Utility Bilateral surveillance Multilateral surveillance Macro-prudential policies Swap Lines England ECB Switzerland United States JAPAN Swap Lines
More informationINVESTEC ANALYST PRESENTATION 1999
INVESTEC ANALYST PRESENTATION 1999 SUMMARY OF RESULTS Investec Summary of Results Headline Attributable Earnings (R m) 1999 1998 % Change 857 572 49.8 Headline EPS (cents) Undiluted 1 077.5 790.1 36.4
More informationINTERNATIONAL TRADE ARRANGEMENTS
INTERNATIONAL TRADE ARRANGEMENTS SA TRADE AGREEMENTS Agriculture DIRECTORATE: INTERNATIONAL TRADE NOVEMBER 2009 1 CONTENT Americas AGOA TIDCA MERCOSUR Africa SACU SADC Europe TDCA EFTA 2 Africa Growth
More informationArgentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile
Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)
More informationThe Camden Asset Recovery Inter-Agency Network (CARIN)
2013/ACT/NET/002 Session 1 The Camden Asset Recovery Inter-Agency Network (CARIN) Purpose: Information Submitted by: CARIN Anti-Corruption and Transparency Network Preparatory Meeting Bali, Indonesia 18-19
More informationSeychelles Office OFFICE DESCRIPTION. Suite 202 2nd Floor, Eden Plaza Eden Island PO Box 1352 Mahe Seychelles
Photo courtesy Raymond Sahuguet Seychelles Office Suite 202 2nd Floor, Eden Plaza Eden Island PO Box 1352 Mahe Seychelles T: +248 429 5281 F: +248 422 5281 E: seychelles@applebyglobal.com OVERVIEW The
More informationRegistration of Foreign Limited Partnerships in the Cayman Islands
Registration of Foreign Limited Partnerships in the Cayman Islands Preface This publication has been prepared for the assistance of those who are considering registration of a foreign limited partnership
More informationIndependent, global provider of corporate and fund administration services. Preliminary Results Presentation Year ended 31 December 2015
Independent, global provider of corporate and fund administration services Preliminary Results Presentation Year ended 31 December 2015 Agenda Key highlights and group overview Dean Godwin Financial review
More informationTransactional Products and Services for the Bank Sector
Transactional Products and Services for the Bank Sector CorporateandInvestmentBanking Also trading as Stanbic Bank 1 Transactional Products and Services for the Bank Sector Standard Bank in brief Africa
More information9/22/2010. Growing outside South Africa Clive Tasker, Chief Executive: Standard Bank Africa. Strategy
Standard d Bank Group Growing outside South Africa Clive Tasker, Chief Executive: Standard Bank Africa Strategy 1 What is our strategy? To build a leading emerging markets financial services organisation
More informationAsia Sustainable Investing Review 2018
Asia Sustainable Investing Review 2018 Content Foreword Background and Findings Defining Sustainable Investing Investors Segment Profile Motivations and Considerations Expectations from Sustainable Investments
More informationTransactional Products and Services for the Bank Sector
Transactional Products and Services for the Bank Sector Corporate and Investment Banking Also trading as Stanbic Bank 1 Standard Bank in brief Africa is our home, we drive her growth Over 150 Years of
More information[OMB CONTROL NUMBER ]
CERTIFICATION REGARDING CORRESPONDENT ACCOUNTS FOR FOREIGN BANKS [OMB CONTROL NUMBER 1506-0043] The information contained in this Certification is sought pursuant to Sections 5318(j) and 5318(k) of Title
More informationYOU RE IN GOOD COMPANY WITH FRIENDS
YOU RE IN GOOD COMPANY WITH FRIENDS CONTENTS A welcome from the Director of Friends Provident International 1 Our parent company Friends Provident 3 Friends Provident International Guernsey 5 Friends Provident
More information157% Prudential International. Cover for Solvency Capital Requirement (SCR):
Prudential International Prudential International benefits from the financial and investment strength provided by the Prudential Group and provides financial solutions to customers who want to combine
More informationTaking Advantage of ICBC Clearing Bank s Strength to Advance the Development of Trade & Commerce between Singapore and Shaanxi. April 2015 Singapore
Taking Advantage of ICBC Clearing Bank s Strength to Advance the Development of Trade & Commerce between Singapore and Shaanxi April 2015 Singapore I II III Introduction of ICBC and ICBC Singapore Branch
More informationUK-Ghana Investment Forum 2010 Enhancing Economic Growth through Competitiveness, Diversification & Infrastructure Development
UK-Ghana Investment Forum 2010 Enhancing Economic Growth through Competitiveness, Diversification & Infrastructure Development Drapers Hall, London 8th July 2010 Outline Overview of Standard Bank Group
More informationLABUAN IBFC ASIA PACIFIC S LEADING MIDSHORE IBFC
LABUAN IBFC ASIA PACIFIC S LEADING MIDSHORE IBFC Common time zone with major cities, complementing financial centres INTRODUCTION International Business and Financial Centre (IBFC), located in Malaysia
More informationInvestment Case. Incorporating 2016 Annual Results
Investment Case Incorporating 2016 Annual Results Overview Our vision The Sanlam strategy Strategic progress in 2016 Financial performance in 2016 page 2 Overview Leading financial services group in Africa,
More informationUBS 20 TH ANNUAL SOUTH AFRICA FINANCIAL SERVICES CONFERENCE. The blurring of lines between insurance and banking
UBS 20 TH ANNUAL SOUTH AFRICA FINANCIAL SERVICES CONFERENCE The blurring of lines between insurance and banking STANDARD BANK GROUP / OUR JOURNEY 155 YEAR OLD START UP Group strategic positioning Wealth
More informationBNP Paribas Securities Services
BNP Paribas Securities Services Jacques-Philippe MARSON Chief Executive Officer 8 November 2007 1 Presentation overview Key Figures Business Model Market Dynamics Growth Perspectives 2 # 1 in Europe Top
More informationGUIDE TO MUTUAL FUNDS IN THE BRITISH VIRGIN ISLANDS
GUIDE TO MUTUAL FUNDS IN THE BRITISH VIRGIN ISLANDS CONTENTS PREFACE 2 1. Introduction 3 2. Definition of a Mutual Fund 3 3. Investment Fund Vehicles 4 4. Application of the SIBA 4 5. Types of Funds 4
More informationKey Facts Private Trust Companies
Over the past two decades the number of international high net worth families has grown significantly with the increased pace of globalisation. Many of these families employ trusts as part of their international
More informationGUERNSEY FINANCIAL SERVICES COMMISSION INVESTMENT SUPERVISION AND POLICY DIVISION QUARTERLY STATISTICAL REVIEW 31 DECEMBER 2013 OPEN ENDED SCHEMES
Net Value of Total Value Total Value Net New Date Authorised/ of Sales of Repurchases Investment ( mn) Holders ( mn) ( mn) ( mn) 1-Dec-1 1-Mar-1 1 DECEMBER 1 OPEN ENDED -.,1 -. 1,69 +.,77,89-11 1 -.6%,16
More informationInvesting in Africa through Mauritius
Investing in Africa through June 2013 A strategic access to Africa. A unique fiscal and non-fiscal base with preferential market access to African Countries. Parallel fiscal and non-fiscal network to couple
More informationSchroders. KBW European Financials Conference. Massimo Tosato Vice Chairman. 17 September trusted heritage advanced thinking
Schroders KBW European Financials Conference Massimo Tosato Vice Chairman trusted heritage advanced thinking 17 September 2008 Schroders plc Overview Independent Exclusive focus on asset management Global
More informationRESIDENCE IN ALDERNEY FOR INDIVIDUALS
RESIDENCE IN ALDERNEY FOR INDIVIDUALS www.stpeterstrust.com This information sheet is intended to supplement our brochure which contains certain background information concerning the Channel Islands and
More information2016 income estimates
Consumer Trends 15 May 2016 2016 income estimates Higher income growth for lower income groups; signs of population migration up the income groups We present the 2016 income estimates for South Africa
More informationMauritius as a base for Regional Headquarters Companies
as a base for Regional Headquarters Companies 1 Scope of the presentation Regional business schemes Regional Headquarters Scheme Regional Development Scheme Business opportunities in the Region Other headquarters
More informationI N F O R M A T I O N F O R I N S I G H T F U L D E C I S I O N M A K I N G. N o r t h e r n T r u s t P a s s p o r t
I N F O R M A T I O N F O R I N S I G H T F U L D E C I S I O N M A K I N G N o r t h e r n T r u s t P a s s p o r t K N O W L E D G E I S P O W E R In a world with far too much data moving ever more
More informationINTERIM RESULTS 2017 INVESTOR PRESENTATION
INTERIM RESULTS 2017 INVESTOR PRESENTATION Investor Presentation 2017 Interim Results 7 September 2017 Sanlam interim results for the six months ended 30 June 2017 1 Sanlam Group Strategy Operating environment
More informationSouthern Africa Business Forum South Africa 2 August SADC Integrated Regional Electronic Settlement System SIRESS
Southern Africa Business Forum South Africa 2 August 2017 SADC Integrated Regional Electronic Settlement System SIRESS Finance and Investment Protocol Outline Who are we The SIRESS journey Governance structure
More informationCountry Update: Mauritius
Country Update: Mauritius Mauritius, Opening doors to Africa and Beyond STEP MAURITIUS CONFERENCE 2015 Shammeem Abdoolakhan ABC Global Management Services Ltd/ABC International Services ( Seychelles) Ltd
More informationH S B C H O L D I N G S P L C HSBC HOLDINGS PLC THE CAPITAL REQUIREMENTS. (Country-by-Country Reporting) REGULATION 2013
HSBC HOLDINGS PLC THE CAPITAL REQUIREMENTS (Country-by-Country Reporting) REGULATION 2013 31 December 2015 This report has been prepared for HSBC Holdings plc and its subsidiaries (the HSBC Group ) to
More informationThe good news is that you can simplify your affairs by transferring your UK pension to a Qualifying Recognised Overseas Pension Scheme...
QROPS QROPS DISCLAIMER Sovereign Media (IOM) Limited 2016 Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, this information does not constitute
More informationFinancial results presentation For the period ended 30 June External structural and cyclical impacts on results
212 Financial results presentation For the period ended 3 June 212 External structural and cyclical impacts on results Macro factor Developing versus developed world Consequence SA and Africa relatively
More informationinvestment case sustainable value creation Insurance Financial Planning Retirement Investments Wealth
investment case sustainable value creation Insurance Financial Planning Retirement Investments Wealth agenda Overview Strategic positioning Strategic delivery Financial performance 2014 interim results
More informationSADC Financial Integration
SADC Financial Integration CPSS - World Bank Forum on Retail Payments Cape Town December 2013 Agenda Where the region started When the integration agenda got going Strategic approach to integration Where
More informationEuropean Banks Country-by-Country Reporting. A review of CRD IV data. July Richard Murphy FCA Tax Research LLP
A review of CRD IV data July 2015 Richard Murphy FCA Tax Research LLP For the Greens/EFA MEPs in the European Parliament 1. Summary This report i is based on the country-by-country reporting of 26 European
More informationO P E R A T I O N A L A N D C O S T E F F I C I E N C I E S F O R A C O M P E T I T I V E E D G E
O P E R A T I O N A L A N D C O S T E F F I C I E N C I E S F O R A C O M P E T I T I V E E D G E I n v e s t m e n t O p e r a t i o n s O u t s o u r c i n g F O C U S O N Y O U R C O R E S T R E N
More informationCross-border audit oversight
September 2013 Cross-border audit oversight The equivalence of systems of public oversight, quality assurance, investigation and penalties for the audit profession in the European Union and third countries
More informationStandard Chartered first half profit up 9% to US$3.95bn
Standard Chartered first half profit up 9% to US$3.95bn Strong momentum combined with diversity of performance provides real resilience Highlights: Group income climbs 9%, with growth across our markets.
More informationINTERIM RESULTS August 2013 INSURANCE INVESTMENT SAVINGS BANKING
INTERIM RESULTS 2013 7 August 2013 INSURANCE INVESTMENT SAVINGS BANKING DISCLAIMER This presentation may contain certain forward-looking statements with respect to certain of Old Mutual plc s plans and
More informationKey Facts Companies. United States
Delaware is home to more than one million business entities that choose it for its modern and flexible corporate laws, respected judiciary and legal community and business-friendly environment. The Delaware
More informationAIFM OR UCITS: WHICH OFFERS THE GREATEST ECONOMIC OPPORTUNITIES?
APRIL 15TH 2015 AIFM OR UCITS: WHICH OFFERS THE GREATEST ECONOMIC OPPORTUNITIES? REGULATION: BALANCING INVESTOR PROTECTION AND PERFORMANCE POTENTIAL FOREWORD 2 1 4 REGULATION DOES NOT DETERMINE WHERE THE
More informationBNP Paribas. Fortis Belgium and Luxembourg: a Unique Opportunity to Expand BNP Paribas Pan-European Footprint. 6 October 2008
BNP Paribas Fortis Belgium and Luxembourg: a Unique Opportunity to Expand BNP Paribas Pan-European Footprint 6 October 2008 1 Disclaimer This presentation contains forward-looking statements about BNP
More informationSECTORS & MARKETS. Funds & Investment Services
Funds & Investment Services OVERVIEW Appleby s investment funds team comprises over 50 lawyers working in each of the world s leading offshore fund domiciles Bermuda, the British Virgin Islands, the Cayman
More informationSANLAM EMERGING MARKETS INVESTOR DAYS
SANLAM EMERGING MARKETS INVESTOR DAYS 16 th & 17 th October 2018 Agenda Our Vision Our Pan-African opportunity The Saham rationale How we will deliver on the Pan-African opportunity The SEM business model
More informationForeign investment and regional integration in Southern Africa. Lynne Thomas
Foreign investment and regional integration in Southern Africa Lynne Thomas Centre for Research into Economics and Finance in Southern Africa London School of Economics OECD Seminar, Johannesburg, 25-26
More informationMoving forward with our global wealth management strategy
Moving forward with our global wealth management strategy JULY 5, 2017 Caution regarding forward looking statements This document may contain certain forward-looking information (as defined under applicable
More informationGROUP INTERIM RESULTS August 2018
GROUP INTERIM RESULTS 2018 31 August 2018 AGENDA 1 2 CONCLUDING OVERVIEW FINANCIAL REVIEW REMARKS Peter Moyo, Group CEO Casper Troskie, Group CFO Peter Moyo, Group CEO 4 3Q&A 2 OVERVIEW Starting our journey,
More information3. Bloomberg European Local Currency Sovereign Bloomberg Belgium Sovereign Bond Index 1 to 5 Year Bloomberg Bulgaria Local Sovereign Index Bloomberg Czech Rep Local Sovereign Index Bloomberg Eurozone
More informationLeading global banking practices Emilio Pera, May 2013
Leading global banking practices Emilio Pera, May 203!@# Agenda Banking in Africa 2 Global Banking Outlook 3 Questions/discussion 2 Africa Attractiveness Getting down to business!@# How Infrastructure
More informationBRITISH VIRGIN ISLANDS MUTUAL FUNDS
BRITISH VIRGIN ISLANDS MUTUAL FUNDS This article has been prepared for the assistance of those who are considering the formation of a mutual fund in the British Virgin Islands ( BVI ). It deals in broad
More informationINTERNATIONAL THOMSON LEGAL LEGAL MARKET OVERVIEW RECRUITMENT COMPANY
INTERNATIONAL 2018 LEGAL MARKET OVERVIEW THOMSON LEGAL RECRUITMENT COMPANY MOVING OVERSEAS: OUR PROCESS Research Prepare With growth currently across the global legal market there continues to be a high
More informationCONTENTIOUS TRUST DISPUTES
MARKET-LEADING EXPERTISE CONTENTIOUS TRUST DISPUTES tice brochure d14 CONTENTIOUS TRUST DISPUTES OVERVIEW Modern trust disputes are often complex involving large corporate structures with offshore elements
More informationTTN Hong Kong conference Jonathon Clifton Group Managing Director - OIL
TTN Hong Kong conference 2016 Jonathon Clifton Group Managing Director - OIL Today s topics 1. Underlying demand Offshore vs Mid-shore Client segments Top key usages Growth markets over the next 5 years
More informationShareholder FAQs. 2. Why is Old Mutual plc pursuing the Managed Separation strategy?
Shareholder FAQs This Shareholder FAQ document contains certain frequently asked questions and answers regarding managed separation which are relevant to Old Mutual plc shareholders. Old Mutual plc shareholders
More informationIndependent, global provider of corporate, fund and private client administration services. Interim Results Presentation Wednesday 7 September 2016
Independent, global provider of corporate, fund and private client administration services Interim Results Presentation Wednesday 7 September 2016 Agenda Key highlights and group overview Dean Godwin Financial
More informationLiberty Holdings Ltd. Thabo Dloti Group Chief Executive 16 October 2014
Liberty Holdings Ltd Thabo Dloti Group Chief Executive 16 October 2014 Liberty Holdings Limited - today A leading financial services holding company in sub-sahara Africa that provides wealth creation and
More informationat the center of your administration
at the center of your administration About IGC Who We Are Inter Global Consulting was founded with the aim of providing transparent and earnest services for setting up and managing businesses in the United
More informationSTRUCTURING WITH A SEYCHELLES PRIVATE INTEREST FOUNDATION AND COMPANY SPECIAL LICENCE (CSL) SEYCHELLES INVESTMENT FORUM - JOHANNESBURG 20 JULY 2011
STRUCTURING WITH A SEYCHELLES PRIVATE INTEREST FOUNDATION AND COMPANY SPECIAL LICENCE (CSL) SEYCHELLES INVESTMENT FORUM - JOHANNESBURG 20 JULY 2011 CONRAD BENOITON MANAGING DIRECTOR APPLEBY CORPORATE SERVICES
More informationSubject: Merger of FTIF Templeton Africa Fund into FTIF Templeton Frontier Markets Fund (the Merger )
FRANKLIN TEMPLETON INVESTMENT FUNDS Société d investissement à capital variable Registered office: 8A, rue Albert Borschette, L-1246 Luxembourg, R.C.S. Luxembourg B 35 177 ( FTIF or the Company ) Luxembourg,
More informationCNH and China QFII market: Opportunities and Challenges A Fund Custodian and Administrator's Perspective"
CNH and China QFII market: Opportunities and Challenges A Fund Custodian and Administrator's Perspective" Eric Chow HSBC Securities Services June 2011 2 Agenda About HSBC Securities Services (HSS) Introducing
More informationTHE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY MEMORANDUM OF UNDERSTANDING MACROECONOMIC CONVERGENCE
THE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY MEMORANDUM OF UNDERSTANDING ON MACROECONOMIC CONVERGENCE PREAMBLE The Governments of: The Republic of Angola The Republic of Botswana The Democratic Republic
More informationOLD MUTUAL EMERGING MARKETS
OLD MUTUAL EMERGING MARKETS Capital Markets Day Ralph Mupita, Chief Executive 11 October 2016 INVESTMENT SAVINGS INSURANCE BANKING DISCLAIMER This presentation may contain certain forward-looking statements
More information2016 Full year results
2016 Full year results Making the difference The global provider of alternative asset and corporate administration services Caution statement Forward looking statements This presentation may contain and
More information% 38, % 40, % 2,611 2,
3 DECEMBER 6 OPEN ENDED Number of Net Value of Number of Total Value Total Value Net New Date Authorised/Registered Schemes Registered of Sales of Repurchases Investment Schemes ( mn) Holders ( mn) ( mn)
More informationClient Update U.S. Fund Managers ESMA s Advice on the Extension of the AIFMD Passport (Take Two)
1 U.S. Fund Managers ESMA s Advice on the Extension of the AIFMD Passport (Take Two) LONDON Sally Gibson sgibson@debevoise.com Geoffrey Kittredge gkittredge@debevoise.com On Tuesday, July 19, 2016 more
More informationIn The Courts: Fund Disputes
News Alert January 2018 In The Courts: Fund Disputes 2017 brought some key cases to the offshore courts in respect of fund disputes, focusing on issues that arose as a consequence of the global financial
More informationTransform UniCredit Company Profile as at June, 2018
Transform 2019 UniCredit Company Profile as at June, 2018 Our vision is to be One Bank, One UniCredit. UniCredit is and will remain a simple successful pan-european Commercial Bank, with a fully plugged
More informationA participant s guide to HSBC s International Employee Share Purchase Plan. ShareMatch HSBC s International Employee Share Purchase Plan
ShareMatch A participant s guide to HSBC s International Employee Share Purchase Plan. ShareMatch HSBC s International Employee Share Purchase Plan ShareMatch October 206 Page Logging in to your Computershare
More informationRussian Companies Listing on the Hong Kong Stock Exchange. September 2014
Russian Companies Listing on the Hong Kong Stock Exchange September 2014 Hong Kong Shanghai Beijing Yangon www.charltonslaw.com RUSSIAN COMPANIES LISTING ON THE HONG KONG STOCK EXCHANGE Slide 1 I m delighted
More informationABOUT. Specialised in Banking & Financial Services, CIEL Finance Limited ('CFL') is actively involved in four sub-sectors of the financial industry:
FACTSHEET ABOUT Specialised in Banking & Financial Services, CIEL Finance Limited ('CFL') is actively involved in four sub-sectors of the financial industry: Banking Fiduciary Services and Companies /
More informationCOMPANY DETAILS FORM
FOR USE IN MAURITIUS COMPANY DETAILS FORM IMPORTANT: ALL SECTIONS MUST BE COMPLETED Name of proposed new entity: (if known) Name of applicant company: Company type: (please tick one box) Quoted on a stock
More informationConnecting Our Clients to Global Investment Opportunities
Connecting Our Clients to Global Investment Opportunities Connecting Clients to Investment Opportunities Our Mission 1 The HSBC Group is one of the world s largest financial services organisations, with
More informationEuroclear plc. Dedicated to the stability and development of the capital markets
plc Dedicated to the stability and development of the capital markets April 2017 Our business is the financial industry s trusted provider of post-trade services. We provide settlement, safekeeping and
More informationReporting the Region: Southern Africa and news media
Reporting the Region: Southern Africa and news media Findings from Afrobarometer Round 5/6 Surveys in Southern Africa 19 th Highway Africa Conference #HA2015 30 August 2015 Sibusiso Nkomo At a glance News
More informationSTANLIB Africa Income Fund
STANLIB Africa Income Fund Why an Africa-focused investment strategy? About STANLIB STANLIB is a Pan-African multi-specialist investment company, active in ten African countries. We have business partners
More informationA global guide to business relocation
A global guide to business relocation 2015 Contents 01 Introduction 02 10 Key country summary 12 Key country profiles Americas 13 Argentina 17 Brazil 21 Canada 24 Chile 27 Colombia 30 Mexico 33 Panama
More informationPRACTICE DESCRIPTION. Funds Disputes
PRACTICE DESCRIPTION Funds Disputes OVERVIEW Investment funds are a key feature of commercial activity in all of the offshore jurisdictions where Appleby operates, namely Bermuda, the British Virgin Islands,
More informationBreaking Down the Barriers
Old Mutual plc Breaking Down the Barriers 11 October 2000 MERRILL LYNCH Banking and Insurance Conference Mike Levett - Chairman and Chief Executive Overview Asset Management Businesses Life Businesses
More informationPARTNERSHIP DETAILS FORM
FOR USE IN SINGAPORE PARTNERSHIP DETAILS FORM IMPORTANT: ALL SECTIONS MUST BE COMPLETED Name of proposed new entity (if known) Name of applicant partnership Form of applicant partnership Partnership Limited
More informationis one of the most beautiful and lush islands in the West Indies, sometimes referred to as the Spice Isle due to the vast locally grown spices.
Grenada Citizenship by Investment GRENADA Grenada is the most southerly of the Windward Islands in the Caribbean, and is a tiny point on most world maps with an area of only 133 square miles with a population
More informationTAX AND SUCCESSION PLANNING AFRICA
TAX AND SUCCESSION PLANNING AFRICA 1. TAX AND SUCCESSION PLANNING TEAM INTRODUCTION We understand that changes in tax law are invariably complicated and rarely welcome. Most importantly, they are almost
More informationSchroder ISF Global Multi-Asset Income
Factsheet as at : October 09, 2018 Schroder ISF Global Multi-Asset Income Fund objective The fund aims to provide an income distribution of 5% per annum and capital growth over a market cycle by investing
More informationGuernsey Office OFFICE DESCRIPTION. PO Box 56 Regency Court Glategny Esplanade St Peter Port Guernsey GY1 1WW Channel Islands
OFFICE DESCRIPTION Guernsey Office PO Box 56 Regency Court Glategny Esplanade St Peter Port Guernsey GY1 1WW Channel Islands T: +44 (0)1481 755 600 F: +44 (0)1481 728 992 E: guernsey@applebyglobal.com
More informationLong Association List of Jurisdictions Surveyed for Which a Response Has Been Received
Agenda Item 7-B Long Association List of Jurisdictions Surveed for Which a Has Been Received Jurisdictions Region IFAC Largest 29 G10 G20 EU/EEA IOSCO IFIAR Surve Abu Dhabi Member (UAE) Albania Member
More informationGlobal reach, local insight
Global reach, local insight Welcome to the world of 2 Who do you turn to in a changing climate? Optimism in a storm In the midst of what is undeniably an unsteady financial climate, I am delighted that
More informationMutual & Federal rebranding to OLD MUTUAL INSURE
Mutual & Federal rebranding to OLD MUTUAL INSURE Rebranding was not a decision that we took lightly, as Mutual & Federal has been a proud name in the South African insurance industry for many decades.
More informationSchroder Diversified Growth Fund. Interim Short Report 6 March 2016 to 5 September 2016
Schroder Diversified Growth Fund Interim Short Report 6 March 2016 to 5 September 2016 Review of Investment Activities From 4 March 2016 to 5 September 2016, the price of I Accumulation units on a dealing
More informationHSBC International Select Fund. Multimanager solutions
HSBC International Select Fund Multimanager solutions Introduction About HSBC Multimanager This insert outlines funds managed by HSBC Multimanager and offered to you via the HSBC International Select Fund.
More information