Royal Skandia, Zurich International Life, Fairbairn Private Bank, BNY Mellon, Axa Isle of Man, Aegon Scottish Equitable International and Prudential International were among the groups that achieved winning and highly commended awards in the International Fund and Product Awards 2009.
To celebrate the 10th anniversary of the awards, BlackRock and Brendan Harper of Friends Provident International received two special awards on the evening. (See below for full list of winners and highly commended groups).Despite a difficult year for the financial sector globally, the number and standard of entries in this year's awards showed no signs of abating. "The overall message was one of continued opportunity for financial companies who have good international reach. While many of this year's winners had experience on their side, it will be interesting to see how groups such as Aegon Scottish Equitable and Prudential International who have repositioned or refocused their international efforts in recent years, contend next year," commented Deborah Benn, chair of the judging panel.
The judges were particularly impressed with the quality of entries this year in response to the introduction of awards for the Best International Provider Middle East & Africa and Best International Provider Far East. "The introduction of these two awards aims to recognise efforts by groups who provide many bespoke products and services to different parts of the world. The level of detail and quality of entries in this category was exceptional," commented Benn. Successful groups in these two categories included William Russell, Royal Skandia, Zurich International Life and Interglobal. In the fund award category, BNY Mellon swept the board while The Isle of Man retained its crown as the Best International Financial Centre.
The Black Tie Gala Awards dinner was held at The Brewery in London on Wednesday 13th May. The International Fund & Product Awards continue to be the only awards bringing together the major sectors of the offshore financial services industry in honour and recognition of financial products and services distributed internationally.
BEST INTERNATIONAL LIFE GROUP:
Winner: Royal Skandia.
Highly Commended: AXA Isle of Man and AEGON Scottish Equitable International
BEST INTERNATIONAL LIFE PRODUCT:
Winner: AXA Isle of Man Limited, Evolution
Highly Commended: Legal & General International, International Portfolio Bond and Prudential International, Portfolio Account
BEST INTERNATIONAL BANK GROUP:
Winner: Standard Bank Offshore Group
Highly Commended: Lloyds TSB International
BEST INTERNATIONAL PRIVATE HEALTH GROUP:
Winner: William Russell
Highly Commended: Allianz Worldwide Care
BEST INTERTNATIONAL WEALTH MANAGER:
Winner: Fairbairn Private Bank
Highly Commended: HSBC Bank International
BEST INTERNATIONAL STRUCTURED PRODUCT PROVIDER:
Winner: Barclays Capital
Highly Commended: Standard Bank Offshore Group
BEST INTERNATIONAL PROVIDER MIDDLE EAST & AFRICA:
Winner: Zurich International Life
Highly Commended: William Russell
BEST INTERNATIONAL PROVIDER FAR EAST:
Winner: Royal Skandia
Highly Commended: Interglobal
BEST INTERNATIONAL FUND RANGE:
Winner: BNY Mellon
Highly Commended: Gartmore and MFS
BEST INTERNATIONAL FUND GROUP:
Winner: BNY Mellon
Highly Commended: GAM
BEST INTERNATIONAL SALES TEAM:
Winner: Zurich International Life
Highly Commended: Royal Skandia
BEST COMMITMENT TO SERVICE:
Winner: Royal Skandia
Highly Commended: Zurich International Life and Fairbairn Private Bank
BEST INTERNATIONAL FINANCIAL CENTRE:
Winner: Isle of Man Finance
Highly Commended: Jersey Finance
SPECIAL 10TH ANNIVERSARY AWARDS:
Best fund performance over 10 years: BlackRock
Outstanding Achievement to the Offshore Industry: Brendan Harper, Friends Provident International
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This year we have 14 awards designed to mark out the very best products in a highly competitive and innovative market. This includes three new awards for 2011 to reflect the developments in this rapidly growing market: Best Dual/Multi-Index Product, Best Structured (Oeic) Fund and Best Structured Product Provider.
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