The UK wealth manager unveils Jersey director-led investment offering.

UK investment management company Shard Capital has launched an investment office in Jersey.

Shard Capital Jersey will offer discretionary, advisory and execution-only investment services to trust, family office and private clients, including clients requiring a Jersey based, cost-effective custodian for safekeeping their assets.

The newly-created business, which will be led by chief executive Greg McIntyre, will provide a director-led offering from an experienced team which includes seasoned investment professionals Marc Schroeder and Mike Hollings helping to lead the business. 

“This is a hugely exciting time for us. Following extensive feedback from trustees, we are delighted to launch a bespoke defensive investment strategy. This solution is available to clients who would like to increase returns on existing cash holdings, but don’t want to invest in the financial markets. We are confident that we have a suitable solution and look forward to further diversifying our service offering in the months ahead,” McIntyre said.

Regulated by the Jersey Financial Services Commission, Shard Capital (Jersey) is an associated company of Shard Capital Partners, an FCA-regulated asset and wealth management business based in the UK with 90 staff. The business had over £1.5 billion in assets under management and administration, as at March 2021.

Shard Capital Jersey’s independence and local decision-making ability allows it to be agile and responsive to changing economic conditions and client demands, in a world that is adapting to unprecedented challenges, the firm said. The business has flexibility to work with business partners that are best positioned to help deliver efficient and lower cost client-centric solutions, it added.

This news service interviewed Shard Capital about its business model here.