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Carey Olsen advises on launch of new Jersey-based expert fund

Channel Islands law firm Carey Olsen has advised Investment Services UK Limited (ISUL), the London-based fixed income specialist focused on emerging markets, on the establishment of Amrah Global Opportunities Fund Limited.

The aim of the Jersey-based open ended fund is to provide enhanced returns through access to a portfolio of fixed income securities principally in the emerging markets.

ISUL, which already has six years experience of Jersey as a funds domicile, is regulated in the UK by the FSA and operates as a specialised fixed income house focusing on emerging market opportunities. Continued

Eat Organic and Taste the Passion

Genuine Jersey’s organic farmers are celebrating Organic Fortnight to encourage Islanders to eat more local produce as part of the Taste the Passion campaign.

Organic Fortnight takes place from 3 to 17 September and is the biggest celebration of all things organic in the British Isles. Over the two weeks home-grown and reared organic produce will be promoted in supermarkets, from farm shops and roadside stalls and at farmers markets. Islanders will also be able to sign up for weekly home deliveries of fresh organic produce. Continued

CISX International Business Summit raises significant sum for local charities

Tamara Menteshvili - CISXIt is just over a week before a host of eminent figures from the global financial services industry convene on Jersey, and local charities are set to benefit from the local sponsorship angle of the event.

The Channel Islands Stock Exchange’s International Business Summit is being held for the first time in Jersey on September 10th at Hotel de France. As a result of Channel Island businesses supporting the event, £19,000 will be shared between fifteen charities, each of which has been chosen by a sponsor firm, including the CISX which chose the RNLI as its charity. Continued

Bedell Group appoints two new partners

Tim Pearce Bedell GroupBedell Group has appointed Tim Pearce and Pauline Gale as partners with immediate effect. The appointments recognise their valuable contribution to the Group’s continuing success.

Tim joined the Group in 2003 from a leading City law firm, bringing considerable onshore and offshore corporate and commercial experience. He has demonstrated his strength as a transactional lawyer across a variety of disciplines, notably banking, real estate funds, corporate finance and regulatory work. He regularly acts for multinational companies and large international banks as well as investment funds, promoters, intermediaries and high-net worth individuals. Continued

JERSEY’S LARGEST ‘TAGGED’ PHOTO TO BE TAKEN AT JERSEY LIVE

Jersey Telecom is aiming to unite Jersey Live festival goers online in Jersey’s largest ‘tagged’ photo.

A crowd photo will be taken from the main stage of the event on Saturday 4th September at 6pm and will be uploaded to Jersey Telecom’s Facebook page. All of those in the photo who are Facebook users are invited to identify themselves and ‘get tagging’ with the aim of creating Jersey’s largest tagged photo using Facebook Connect.

Over 10,000 festival goers are expected to attend the weekend event and due to the timing it is thought the majority of attendees will appear in the photo. Continued

Surrey Win 2010 Standard Bank U16 County Cricket Festival

U16s cricket festival 2010Surrey beat Berkshire in a Twenty20 final at FB Fields on Friday 27th August to win the 2010 Standard Bank Under-16 County festival.

Teams from Jersey, Surrey, Hampshire, Buckinghamshire, Oxfordshire, Yorkshire, Wales and Berkshire competed in the annual five day 2010 Standard Bank U16 County Cricket Festival which took place at a variety of cricket grounds in Jersey.

Claire Reid, director of marketing and communications for Standard Bank, said: Continued

Bankers revamp lodge at local heritage site

Paul Williams and Helen GleesonA run-down 1920s lodge building at La Hougue Bie has been given a new lease of life after a team of employees from RBS International painted the building recently.

The Planning and Delivery team undertook the project on behalf of Jersey Heritage. Peter Roberts, the site guardien, commented:

“The team’s enthusiasm for the work meant that they completed the task ahead of schedule and managed to paint a greater area than originally expected – a fantastic achievement.”

Jersey foundations gaining momentum as a wealth management vehicle

Giles CorbinJust over a year since they were launched, Jersey Foundation structures are continuing to receive a steady flow of interest, according to an offshore legal expert.

Having been introduced into Jersey law in July 2009, 57 Jersey Foundations have now been established, 37 of which have been set up in 2010. Giles Corbin, Partner at Mourant Ozannes, believes that there is scope for this acceleration in the take-up of Foundations to continue. He said: Continued

Lawyer selected as exclusive Jersey member of global anti-fraud network

Baker PlattA specialist financial crime lawyer has been selected as the exclusive Jersey member of a global network that seeks to assist the victims of fraud around the world.

Stephen Baker, Partner at BakerPlatt, was accepted as the sole Jersey-based lawyer for ‘FraudNet’ after completing a rigorous selection procedure.

Operated by the ‘Commercial Crime Services’ arm of the International Chamber of Commerce, FraudNet is a network of specialists in the field of fraud and white collar crime from different jurisdictions around the world. Continued

Carey Olsen advises on new infrastructure debt fund’s listing on the LSE

R milner - Carey OlsenChannel Islands law firm Carey Olsen has advised a new Jersey fund, GCP Infrastructure Investments Limited, on its listing on the Main Market of the London Stock Exchange.

The fund has been created by Gravis Capital Partners LLP (GCP), a specialist investment advisory firm currently managing assets with a principal value in excess of £400 million. Continued