One of the flagship titles published by Euromoney Institutional Investor plc, Global Investor/ISF is read by the global asset management and securities finance community. The awards recognise the most important contributions to asset management over the past twelve months.

The Global Investor/ISF award was presented to Gary Hales, Head of Business Development for Europe and Russia at Jersey Finance, at a gala dinner awards ceremony at the Grange St Paul’s Hotel in London on Wednesday 3 July.Global Investor/ISF award

Winners were selected by a panel of six independent judges, which included Alastair O'Dell, editor of Global Investor/ISF; John Redwood MP, co-founder of Evercore Pan Asset; Penny Green, associate at BESTrustees and chief executive of SAUL; Kim Nash, client director of PTL; Steve Delo, chief executive of PAN Governance; and Ben Gunnee, European director of Mercer Sentinel Group.

Factors taken into consideration in Jersey winning the award included legislative enhancements during 2012, Jersey’s approach to the EU AIFM Directive, growth in Jersey’s funds industry, the arrival of seven asset managers during the year, the issuing of two new banking licences and Jersey’s ongoing commitment to transparency through its network of tax information exchange agreements and participation in information exchange programs.

Alastair O’Dell said:

“The submissions for this year’s awards were exceptional. It is very reassuring to see such strong performance and intelligent innovation in difficult market conditions. It bodes extremely well for the future of our industry.”

This success follows closely behind Jersey being named ‘Best In Class for Fund Services’ in June at the International Fund and Product Awards 2013, organised by Incisive Media, in recognition of Jersey’s specific expertise, regulatory enhancements, marketing and growth in the funds sector, particularly in the alternative asset classes.

Geoff Cook, Chief Executive Officer, Jersey Finance, added:

“Particularly in a challenging environment for International Finance Centres, it is encouraging that Jersey continues to receive recognition for the quality of its expertise, regulation and international offering from respected publishing groups. The Global Investor/ISF award together with the International Fund and Product Award are recognition of the great strides Jersey is making in evolving its funds services in line with investor demand and global regulatory standards, so that Jersey can remain a leading centre for international funds business.”

These latest accolades add to Jersey’s awards tally for 2013, having been judged ‘International Financial Centre of the Year’ both at the inaugural Wealthbriefing European Awards 2013 in May and the Citywealth International Financial Centre Awards 2013 in January.