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Vistra has been shortlisted for 'Fund Administrator of the Year' for the third year running at the Private Equity Awards. Having won this award last year, Vistra is looking to add to its accolades acquired during its recent growth.Now in their eighteen year, the Private Equity Awards are the oldest, most respected accolades bestowed on the private equity industry and those that advise it. The 'Fund Administrator of the Year' Award recognises the overall achievement of fund administrators in the calendar year of 2018, reflecting success in creating value for clients through the use of technology, understanding of ever-changing regulation and best-in-class reporting and analysis, as well as the overall evolution of team and strategy. ...
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On 18 February 2019, Singapore Finance Minister Heng Swee Keat delivered the Budget Statement for 2019 laying out the Government’s strategic plan to allocate resources to build a strong, united Singapore. Several tax changes relating to individuals and enterprises were announced:- For IndividualsPersonal Income Tax Rebate of 50% on tax payable, capped at $200, will be available for Year of Assessment (“YA”) 2019.Not Ordinarily Resident (NOR) scheme will lapse after YA 2020. GST import reliefs will be tightened. Travellers who spend less than 48 hours outside Singapore can enjoy GST relief on goods bought overseas with value up to $100. Travellers who spend 48 hours or more outside Singapore will be entitled to a relief quantum of...
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Vistra has been selected to provide administration services for Black Tulip Asset Management’s media investment bond platform.The Black Tulip platform, consisting of two Euro Medium Term Notes, Black Tulip Rebel Way Entertainment ETP I and Black Tulip Empyre Media ETP I, will provide a unique streamlined access to US entertainment assets for global investors through highly transparent publicly traded debt instruments. Using an innovative Irish securitization program, the underlying assets are structured as exchange-traded products and distributed through an Euroclearable, dual-listed security on Euronext Paris and Wiener Börse.Black Tulip Asset Management LLC, a Miami-based alternative asset management company, exclusively focuses on...
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Last month Guernsey Finance held its Guernsey Green Finance Launch presenting to a capacity audience of financial service professionals. Dr Andy Sloan hosted the event explaining the rationale and objectives of green and sustainable finance and two separate panels made up of members of the government, The International Stock Exchange (TISE), the regulator and representatives from legal firms also spoke.Historically Guernsey has a significant number of funds and other businesses which already trade in a green and sustainable manner and as the importance of ethical investment has increased these products are welcomed. As a responsible global citizen Guernsey has joined the United Nation’s Finance Centre’s for Sustainability Network. ...
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Vistra is delighted to be shortlisted for multiple Awards at the HFM European Hedge Fund services Awards 2019.The categories in which we are shortlisted are:Best administrator – fund of hedge fundsBest administrator – small managersBest administrator - under $300bn single manager The 2019 annual HFM European Hedge Fund services Award will be an evening of recognition and rewards for those hedge funds and funds of hedge funds that have outperformed their peers over the past 12 months.The winners will be announced at an Awards ceremony at the Natural History Museum in London on Thursday March 28.To find out more about the Awards, please click here
