Butterfield Launches Investment Services In Jersey And Lowers Entry Point For Key Fund
Saint Helier, Jersey: Butterfield has launched its range of investment services to clients in Jersey, including its discretionary investment management services and access to its Multi-Asset Fund with a lower minimum entry point of £1,000.
The Jersey launch follows the continued success of Butterfield’s asset management team in Guernsey, where investment services have been available for over 20 years. It marks another step in the company’s continued commitment to expanding financial services to meet the needs of local residents.
Nigel Garrard, Butterfield’s Head of Asset Management in the Channel Islands, said: ‘We are delighted to expand our established investment offering to Jersey and, by lowering our entry point to the Multi-Asset Fund, we are ensuring that more clients can invest with confidence to grow their wealth. At Butterfield, we are committed to building long-term relationships and helping both individuals and companies achieve their financial goals through disciplined investment management and personalised service.’
The Multi-Asset Fund is an actively managed, low-cost, fund of funds investment approach, which provides a high level of diversification in one convenient fund. The aim is to provide investors with solid risk-adjusted returns over the medium to long term.
Discretionary investment management services are available to a wide range of clients from large institutions to individual investors with minimum investment requirements starting at £500,000. Using a combination of individual securities, actively-managed funds and passive investment vehicles such as Exchange Traded Funds (ETFs), clients can benefit from excellent diversification and strategic cost savings. Execution-only dealing is also available for those who prefer to select and manage their own investments.
For more information about Butterfield’s investment services, visit: https://www.butterfieldgroup.com/en-je/investments
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Notes to Editors:
About Butterfield
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from our offices in Bermuda, the Cayman Islands and Guernsey and Jersey, where our principal banking operations are located, and The Bahamas, Switzerland, Singapore, and the United Kingdom, where we offer specialised financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, and asset management. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, Butterfield Bank (Jersey) Limited offers select banking and wealth management services. The Bank of N.T. Butterfield & Son Limited is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH). Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com.
Butterfield Bank (Channel Islands) Limited ("BBCIL") acting through its Jersey branch (Butterfield Bank (Channel Islands) Limited, Jersey Branch) under the registered business name 'Butterfield Bank Jersey' ("Butterfield Bank Jersey") is regulated by the Jersey Financial Services Commission to conduct deposit-taking business under the Banking Business (Jersey) Law 1991 (as amended), and investment business, fund service business and money service business pursuant to the Financial Services (Jersey) Law 1998 (as amended). Butterfield Bank Jersey is registered under the Data Protection (Jersey) Law 2018 (as amended) and its business name is registered with the Jersey Registrar of Companies (with registration number 35466) under the Registration of Business Names (Jersey) Law 1956 (as amended). Butterfield Bank Jersey's registered office address and principal place of business is at IFC6, IFC Jersey, St Helier, Jersey JE2 3BZ. Butterfield Bank Jersey is a participant in the Jersey Bank Depositors Compensation Scheme (the "Scheme"). The Scheme aims to provide protection for eligible depositors of up to £50,000. For further information about the Scheme and to understand your eligibility, please refer to www.jrdca.org.je/jdcs.
BBCIL is licensed and regulated by the Guernsey Financial Services Commission under The Banking Supervision (Bailiwick of Guernsey) Law, 2020, The Protection of Investors (Bailiwick of Guernsey) Law, 2020, and The Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022, each as amended from time to time, under registration number 85. BBCIL is registered with the Guernsey Registry under registration number 21061. BBCIL’s registered office address is P.O. Box 25, Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3AP. BBCIL is registered under the Data Protection (Bailiwick of Guernsey) Law 2017, under registration number 11160. BBCIL’s products and services are available in Guernsey and only in those other jurisdictions where they may be legally offered or obtained. BBCIL is a participant in the Guernsey Banking Deposit Compensation Scheme (the “Scheme”) established by The Banking Deposit Compensation Scheme (Bailiwick of Guernsey) Ordinance, 2008 (the “Ordinance”). The Scheme offers protection only in respect of ‘qualifying deposits’ (as that term is used in the Ordinance) of up to £50,000, subject to certain limitations as set out in the Ordinance. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme’s website www.dcs.gg or upon request. Deposits are not covered by the UK Financial Services Compensation Scheme under the Financial Services and Markets Act 2000, nor are deposits covered by any equivalent scheme outside of the Bailiwick of Guernsey. BBCIL is a wholly‐owned subsidiary of The Bank of N.T. Butterfield & Son Limited. Terms and Conditions can be obtained from our website and copies of the latest audited accounts are available on request.