When it comes to selecting investments, 88 per cent of charity executives interviewed said it is important they have strong ESG credentials, with 36% describing it as ‘very important’.
The pandemic has likely played a part in this, highlighting the positive difference charities can make in a wide range of areas, such as tackling food poverty and conducting medical research.
Under the provision of the 1940 Act relied upon in the lawsuits, an investment company is a company that is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting or trading in securities
Given the flexibility of Guernsey’s company law, a Guernsey company can be used to mimic a trust to some extent, making a Guernsey corporate vehicle an attractive structure for holding family wealth.
The group meets annually at the Thought Leader Summit to focus on a select industry issue that results in dynamic, thought-provoking discussions and industry-changing insights and explore timely issues with diverse perspectives.