New funds industry drive by DED

Wed, 27 Jul 2011

The Department of Economic Development is looking to attract new funds companies to the Island.

The new drive is in response to Credit Suisse announcing it would be scaling down its Isle of Man business.

The DED and the Fund Management Association is undertaking a major marketing drive to highlight the advantages of moving business to the Isle of Man.

The Department says it's committed to supporting the funds industry and developing its profile