Butterfield Group

Today we announced our financial results for the third quarter of 2024. You can read the full release here: https://lnkd.in/gTQkmmHG

We are excited to announce that eprivateclient has named us as one of 2024's Top Trust Companies. This recognition caps a year of significant achievements for our Group trust team, underscoring our strong reputation, excellence in client service, and robust service offering across key wealth management hubs. This honour follows the recent inclusion of all our jurisdictions in the Chambers and Partners High Net Worth Guide and the listing of Group Head of Trust Jane Pearce in the prestigious 2024 Spear's Magazine Tax and Trust Index, further highlighting the depth of expertise within our leadership team and our standing as global trust leaders. "I am incredibly proud to be part of a firm that prioritises excellence and always strives for the highest standards in trust and wealth management", said Jane Pearce about the eprivateclient news, "Our ability to consistently deliver top-tier client service while embracing innovation sets us apart in a highly competitive market and this recognition is a testament to the hard work and dedication of our team across all offices." Congrats to our trust team members around the globe!

The latest edition of Investment Views covers the third quarter. It looks at the implications of the Federal Reserve joining the global rate-cutting cycle with a larger-than-expected 50 bps move in September. Both bonds and equities performed well, with the announcement of new stimulus measures in China giving a lift to Chinese equities late in the quarter. The geopolitical situation deteriorated, the oil price fell while gold continued to perform well. You can view and download the full report here: https://lnkd.in/epxmZ-Kx

Last week, members of our Singapore team attended the Singapore Trustees Association Conference, where Butterfield was a proud Diamond Sponsor.   Our Singapore Head of Trust, Mark Farrell, spoke on the ‘International Geopolitical Impacts’ panel with Edmund Leow, John Shoemaker, Michael Wong, and Peter Ni, examining how global politics and the regulatory environment shape the trust and financial services industry.   The overall theme for this year’s edition was ‘Honour the Past, Transform the Present, Inspire the Future.’ and our Singapore team was delighted to connect with members of the larger private client intermediary network to discuss the current challenges facing the local ecosystem, and how we can work together to create new solutions for our clients.   Executive Chairman Mark Florance commented, “The STA conference is a hugely important event in the calendar as it focuses on the issues affecting the local market specifically, whereas other conferences tend to be more global in nature. It is always well attended, a nod to the pertinence of the presentations and discussions, and the opportunity to network, and we were delighted to attend and serve as a key sponsor.”   Thanks to the Singapore Trustees Association for hosting another great event! Elizabeth Chong, Jean-Marc Rentsch, May Lai, Chinyee Liaw, Yong Hooi Lee, TEP, George Soo, Kelly Chan, Kristine Wu, Pauline Ong, Eugene Tay #STA2024 #TrustServices #TeamButterfield #ButterfieldinAsia #Geopolitics #SingaporeConference

The latest edition of Investment Views looks at the Federal Reserve’s shift in focus from inflation to the health of the US labour market. It also covers the strong performance of defensive equity sectors over the summer months. You can read the full report here: https://lnkd.in/e-53-jgA

The Bermuda Captive Conference has kicked off, and we invite you to attend today's panel discussion, Captive Wealth: Investment Management Strategies for Sustainable Growth, featuring our Senior Portfolio Manager, Stefano Bertolini, CFA. Other industry leaders will join Stefano for a discussion of the various approaches your captive company can take to achieve long-term stability and growth, including strategies around diversification, risk management, strategic asset allocation and the moving target of interest rates. The session will also highlight the importance of innovation and adaptability in maintaining sustainable growth. The panel kicks off at 1:45 p.m., so don’t miss out! Following the panel, make sure you visit us at Booth #1 to connect with our corporate banking and asset management team members. Bermuda Captive Network #CaptiveInsurance #BermudaCaptive #AssetManagement #TeamButterfield #Banking #Networking #Innovation #HereforIndustry

Our Corporate Banking and Asset Management teams in Bermuda are gearing up for next week's Bermuda Captive Conference, which will take place down the street from our headquarters at Pier 6 on September 9-10, 2024. The conference agenda is packed with a great line-up of speakers, including our own Stefano Bertolini, CFA, who will join the panel discussion Captive Wealth: Investment Management Strategies for Sustainable Growth. This year’s conference theme, 'Navigating Captive Horizons', emphasises the dynamic and resilient nature of Bermuda’s captive sector. We are delighted to return as a gold sponsor for the 20th-anniversary edition of this impactful event and want to extend our thanks to Bermuda Captive Network for bringing together so many top industry professionals for thought leadership, education, and connectivity. Visit us at any time throughout the event at Booth #1 to connect and discuss how our comprehensive range of financial services can empower your captive company to thrive. We look forward to seeing our clients and friends on the conference floor! #CaptiveInsurance #BermudaCaptive #CorporateBanking #TeamButterfield #Banking #Networking #Innovation #HereforIndustry

Congratulations to our 2024 scholarship recipients 👏 We look forward to following your achievements and wish you the best of luck with your studies. For the last 40 years, Butterfield has invested in the future of our young people, demonstrating our belief that quality education is essential for continued economic growth within our communities.    The annual scholarship programme offers financial assistance to 5 promising students each year based on academic excellence, community involvement, sporting attainments, financial need, and a candidate’s demonstrated ability to lead. Find out more about this year's scholars here: https://lnkd.in/e3rsxc9z #TeamButterfield #HerefortheFuture #Butterfield #Scholarships #Students #Bermuda #Cayman #ChannelIslands #Guernsey #Education #Community

We are thrilled to announce that our team has been nominated for the forthcoming Citywealth IFC Awards 2025 and Citywealth Powerwomen Awards 2025. IFC Awards honorees include Phil Lenz, who has been recognised as a nominee for Trustee of the Year - Switzerland, and Nigel Mifsud for Trustee of the Year - Channel Islands & Isle of Man. We’re also proud to celebrate Jane Pearce, who is a nominee for Woman of the Year - Business Growth at the Citywealth Powerwomen Awards 2025. Both in their fourteenth year, the Citywealth International Financial Centre Awards were established to highlight the excellence of advisers and managers in the private wealth sector across major international financial centres, whilst the Citywealth Powerwomen Awards champions women in the wealth sector and the female leaders of today and tomorrow. These nominations signify the dedication and excellence of our Trust team in the industry. Please join us in congratulating Phil, Nigel, and Jane on their well-deserved nominations! #Citywealth #Awards2025 #TrusteeOfTheYear #PowerwomenAwards #TeamRecognition #BusinessGrowth #ExcellenceInLeadership #Diversity #FemaleLeadership #TeamButterfield

Our latest edition of Investment Views covers an eventful summer for financial markets. The combination of higher interest rates in Japan and worries about the strength of the US labour market led to a spike in volatility. Popular themes in currency and equity markets suffered a sharp correction, but corporate earnings have been strong and interest rate cuts around the world should help to support growth. You can read the full report here: https://lnkd.in/e5pWtsUs