The response of the wealth management sector to the rise of the ‘BRIC’ economies is top of the agenda at Jersey Finance’s annual private wealth conference in London later this month. 

Speakers and panellists will debate trends in the global economy with emphasis on how an international finance centre such as Jersey plays a part in the creation of investment solutions for private clients and their advisers.
 
The conference will be addressed by Richard Cookson, Citi Private Bank’s Global Chief Investment Officer, who will examine how the collective economies of Brazil, Russia, China and India (‘BRIC’) have thrived during the crisis and how the financial services industry can take advantage of the shift in world economic power, while highlighting also the risks that remain.
 
Jersey Finance chief executive Geoff Cook will introduce the event and update delegates on developments in Jersey. A panel discussion follows and the speakers will be joined by Senator Philip Ozouf, Jersey’s Treasury Minister and Deputy Chief Minister, Richard Teather; Senior Lecturer in tax law at Bournemouth University and Advocate Alan Binnington, Director RBC Wealth Management in Jersey.
 
The debate will be widened to cover tax issues, disclosure and the future of automatic exchange of information, the UK Budget and the next General Election. The panellists will discuss likely moves by the G20, the IMF and the US and their possible impact on the global market for trust and wealth management services. The question and answer session will be facilitated by Sarah Montague, presenter of the ‘Today’ programme on Radio 4 and will include questions from delegates.
 
Geoff Cook commented:
 
‘While there are many issues for discussion within the private wealth sector, there remain significant opportunities for centres like Jersey also and we intend to highlight the solutions and structures within our regime which can support the needs of the wealth management and trust industry as the world emerges from the crisis. We have brought together a high calibre panel with the knowledge and insights to discuss these issues in a global context.
 
‘I am particularly delighted that Jersey’s Treasury Minister will join the event since it reaffirms the Government’s commitment to the finance industry in Jersey and provides delegates with an opportunity to hear directly from the Minister responsible for the Jersey’s fiscal regime.’
 
The event takes place at the Honourable Artillery Company, Armoury House in City Road on Wednesday, April 21, registration starting at 4pm with a drinks and canapés reception to follow for delegates and Jersey Finance members.  For more details on the event please contact Jackie Maratier at Jackie.maratier@jerseyfinance.je.
 
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Further information, please contact Adam Riddell, Crystal Public Relations, on tel +44 (0) 1534 639505 or e-mail adam@crystalpr.co.uk