Wednesday 29 February 2012

Fiduciary businesses IQE and Ifina announce cooperation agreement


IQE Limited, the IOM based fiduciary services group formerly known as Simcocks Trust, has announced a new co-operation initiative with fund administration specialist International Financial Administration Group Limited (Ifina).


The announcement is short on detail explaining the nature of the co-operation agreement, but it is aimed at extending the services offered to clients of the two firms, and allowing each business access to new jurisdictions.


David Karran, IQE Limited Managing Director, commented: The co-operation initiative with Ifina Group Limited is part of our strategy to expand our global proposition whilst continuing to service our clients’ needs. Ifina are established fund administrators with a global reach, and as such are an ideal partner for IQE Limited. Our respective services, and commitment to delivering first class service for our clients, compliment [sic] each other. This is a sector in which a number of our existing clients are active, and they require support from an experienced Administrator. We very much look forward to working with Ifina co-founders and directors Derek Adler and Sam Bratchie, and their colleagues.”


Ifina Group Limited is a multi-jurisdictional group of companies providing investment fund formation, administration, and valuation services for investment funds domiciled in a number of international centres – including UK, USA, Hong Kong, Switzerland, Austria, Panama, Malta, Cayman, and British Virgin Islands.  It has over 160 funds and assets of US$1.8 billion under administration.


IQE, which rebranded last year, is a Manx fiduciary services business which evolved out of Simcocks Advocates.  

No comments:

Post a Comment