“IT IS IMPORTANT THAT THE INVESTMENT MANAGER HAS CONTINUOUS CONTACT WITH, AND FEEDBACK FROM, THE CAPTIVE CLIENT. WHEN BUSINESS CIRCUMSTANCES CHANGE ONE SHOULD ADAPT THE CLIENT’S PORTFOLIO ACCORDINGLY.” Choosing an investment manager


Follow the suggestions outlined and the decision to choose an investment manager should be a simple one. The main focus should be on choosing an investment manager who is acting primarily as an investment risk manager, someone who functions as a fiduciary both on the asset and the liability sides of your balance sheet.


Why opt for a Bermuda bank? First, let’s address the question: ‘Why opt for Bermuda as a choice of


domicile?’. Bermuda is the largest and oldest centre of captive management expertise. The word captive was coined here and you have a large contingent of lawyers, trust practitioners, accountants, actuaries, captive managers,


administrators, reinsurers and investment managers all specialising in captives here on the Island. This depth of expertise has helped to create a collegial atmosphere in Bermuda, one in which people help one another and those firms that call the Island home. Bermuda banks are an integral part of this captive industry—all of them play a role in it, albeit with different edges. l


Dr. Eugene Durenard is a consultant - head of research and product development at Capital G Investments. He can be contacted at: edurenard@orion.bm


Andrew Marsh is head of institutional and fixed income management at Capital G Investments. He can be contacted at: amarsh@capitalg.bm


It’s the difference between a generic, off-the-shelf solution and one that’s been sniffed, squeezed, scrutinized and handpicked at the peak of perfection just for you.


A fresh approach. At Maiden, we do reinsurance differently. Focusing on customers rather than transactions. Thinking long-term instead of short-term. And delivering custom solutions instead of canned ones. We even offer an individualized trust that fully collateralizes our obligations* to you. It’s a direct reflection of the way we do business. One client at a time. For stable pricing and a level of security that is simply unparalleled. Pick your solution at maiden.bm.


It’s the difference between a generic, off-the-shelf solution and one that’s been sniffed, squeezed, scrutinized and handpicked at the peak of perfection just for you.


*Subject to $1 million in outstanding liabilities. © 2012 Maiden Holdings, Ltd. All rights reserved. 1-Maiden Ad_27735.indd 1 A fresh approach. At Maiden Re, we do reinsurance differently. Focusing on customers rather than bermuda captive 2012 41 5/8/12 3:41 PM


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