Sterling Global Financial has renamed its flagship mortgage income fund. The New Providence Income Fund (NPIF) is now the Sterling Mortgage Income Fund (SMIF), reflecting its expanded portfolio, reach of investments, operations and growth. The fund, singularly dedicated to real estate investment and property development financing, earned 13.8 per cent return on investment in 2015 … Read More
Asset Management
Bahamas Landfalls scheduled for Mexico, London and Switzerland
The Bahamas Financial Services Board (BFSB) will be hosting three Bahamas Landfall events this fall. These include Bahamas Landfall: Destination Mexico, October 13 and Bahamas Landfall: Destination Switzerland and London, in early November 2016. The Bahamas Landfall Series was devised by BFSB as a promotional tool to provide financial services intermediaries and other service providers … Read More
The Bahamas – Destination of choice
In a new Bahamas mini report produced by Global Fund Media, Tanya McCartney, CEO and Executive Director of the Bahamas Financial Services Board, describes a multi-tiered value proposition that is helping The Bahamas to become a leading international financial centre. GFM’s James Williams says: *”Four words spring to mind when discussing the evolution of The … Read More
New Funds Listings for BISX
The [Bahamas International Securities Exchange](http://www.bisxbahamas.com) (BISX) has announced the listing of the following open-ended funds: * Lewisham Investment Fund Ltd, (Lewisham) * 3Ps Investment Fund IC Commons Quotas (“The 3Ps Common Quotas”) * 3Ps Investment Fund IC Preferred Quotas (“The 3Ps Preferred Quotas”), and * Delmonte Fund Limited SAC (Delmonte) Lewisham and Delmonte are incorporated … Read More
Star Capital – First ICON Listed on BISX
The Bahamas International Securities Exchange (BISX) has announced that open-ended investment Fund Star Capital Fund ICON (Star Capital) has been added to the roster of funds listed on the Exchange. Star Capital is established as an Investment Condominium under the Investment Condominium Act, 2014 and is registered as a Smart Fund 007 under the Investment … Read More
Family Offices Find a Home in The Bahamas
##The Bahamas: An Ideal Location## With the globalization of families and their businesses it is often convenient for the Family Office, business headquarters, as well as the legal holding structure, to be located in a jurisdiction that provides a suite of products that can meet the diverse needs of multiple family members. The Bahamas has … Read More
The Economy, International Finance and Investment in The Bahamas
Ahead of the [Annual Meeting](http://events.iadb.org/Calendar/eventDetail.aspx?lang=en&id=4877&SP=W&OID=632&) of the Inter-American Development Bank, Silvia Pavoni, Economics Editor at The Banker, travelled to Nassau, The Bahamas, to chair a [discussion](http://www.thebanker.com/Landing-Pages/Bahamas/Bahamas?utmcampaign=View+from+IDB+Roundup+2016&utmsource=emailCampaign&utmmedium=email&utmcontent=) about the country’s financial centre and its place in the local economy as well as in the world of international finance and trade. Discussion points: * The Bahamas’ financial … Read More
Guarany Partners Lists on BISX
The [Bahamas International Securities Exchange](http://www.bisxbahamas.com) (BISX) has announced that shares of Guarany Partners II Fund Ltd. SAC Class A Investor Shares as well as Guarany Partners II Fund Ltd. SAC Class B Investor Shares have been added to the roster of funds listed on the Exchange. Guarany Partners is an open-ended investment fund. Guarany Partners … Read More
Bahamas Landfall: Destination Beijing
Today, the Team is in Beijing as part of its 4 city [promotional tour](http://www.bfsb-bahamas.com/news.php?cmd=view&id=3436&pre=y) in Asia, continuing with ***“Updates on the Newest Developments in Wealth Management, Asset Management and Lifestyles”*** in The Bahamas. The presentations are being hosted at the Sofitel Wanda Beijing. Industry sponsors joining the Ministry of Financial Services and BFSB in hosting … Read More
Bahamas Landfall: Destination Hong Kong
BFSB and the Ministry of Financial Services are in Asia over the next three weeks hosting a series of promotional events. These will include brand presence in Hong Kong, Beijing, Shanghai and Singapore, by way of two Landfall events, the China Offshore Summit and STEP Asia. The first leg of the 4 city tour started … Read More