News & Press
Read the latest news and press from The International Stock Exchange.
More than 400 securities were listed on the Channel Islands Securities Exchange (CISE) in 2015. Investment funds, Real Estate Investment Trusts (REITs) and convertible bonds were among the 423 securities which listed on the CISE last year. That represents an 8% increase in the number of securities listed compared to the previous year, taking the total number of listings to 2,173.
Fiona Le Poidevin, CEO of the Channel Islands Securities Exchange (CISE), has been named in The Citywealth 2015 IFC Power Women Top 200. Running for the third consecutive year, the list honours 200 of the most powerful women in government, private wealth, private client advisory, education and philanthropy across the International Financial Centres.
This article was published in IFC Economic Report, Winter 2015/16. Wealth managers continue to be the subject of more regulation which is proving to be an increasingly costly and bureaucratic nightmare. However, there is good news in that this burden can be reduced by utilising listed products, including those on the Channel Islands Securities Exchange (CISE).
New rules have been introduced which allow Special Purpose Acquisition Companies (SPACs) to be listed on the Channel Islands Securities Exchange (CISE). A SPAC is a cash shell which is used to raise money for a very specific investment objective.
Mourant Ozannes has acted on behalf of China Cinda Finance (2014) II Limited in its ground-breaking listing on the Channel Islands Securities Exchange (CISE). It is the first time that the CISE has listed an issuer with an ultimate parent company which is domiciled in China. China Cinda Asset Management Co. Ltd, the issuer's ultimate parent, was incorporated in Beijing, China in 1999 and listed on the Hong Kong Stock Exchange (HKEx) in 2013.
Nicholas Hofgren, Director, GFG Limited says he is pleased with the performance of the Dolphin Property Fund 1 (DPF1) fund since its launch earlier this year. GFG Fund PCC Limited listed the Guernsey-domiciled Dolphin Property Fund 1 (DPF1) on the Channel Islands Securities Exchange (CISE) earlier this year. The Class B security, open-ended fund is aimed at mid to long-term investors with a minimum investment level of £10,000 for a minimum duration of five years.
This article was published in Offshore Investment, August 2015. International finance centres (IFCs) such as Guernsey and Jersey are ideally placed to facilitate the growth in robust alternative financing arrangements for the engines of the global economy, Small and Medium sized Enterprises (SMEs). Even during the 'good times' it was widely recognised that SMEs were significant contributors to global economic growth and yet, they experienced significant challenges in terms of access to credit.
Convertible bonds were prominent among the 203 newly listed securities on the Channel Islands Securities Exchange (CISE) during the first half of 2015. The number of new listings is up 14.7% on the same time last year and takes the total number of listed securities on the CISE to 2226 at the end of June 2015.