Mutual funds
have become the
largest growth area in The
Bahamas' financial services sector over the last few
years.
The nature of fund activity has evolved from funds being sold to international clients by private banking institutions with local branches to funds being established in the country, using Bahamian institutions to service them.
The uptrend in mutual fund investment prompted the Government to pass the Mutual Funds Act in 1995, which protects investors by regulating the fund industry through a Securities Board and Administrators that license mutual funds.
Applications for fund licenses must include a prospectus of the fund and provide guarantees to the board that the fund's promoters are reputable. The board's inspector has the authority to examine records of a fund, audit the fund, or act on behalf of investors if their interests are in danger. Confidentiality and privacy are assured by provisions in the new legislation.
Mutual Fund Managers
Atlantic Bank of Commerce Ltd.P.O. Box N8865
Nassau, N.P., The Bahamas
Tel: 242-326-0740
Fax: 242-325-1272
Mrs. Hilda Knowles
Deputy General Manager
Bank American & Banking Corporation (Bahamas
Ltd.)
P.O. Box N
Nassau, N.P., The Bahamas
Tel: 242-393-7411
Fax: 242-393-3030
Mr. Geoffrey B. Stuart
Assistant manager
Chemical Bank & Trust (Bahamas) Ltd.
P.O. Box N-4723
Nassau, N.P., The Bahamas
Tel: 242-322-1003
Fax: 242-326-7339
Mr. Michael Ranson
Senior Trust Officer
CIBC Trust Company (Bahamas) Ltd.
P.O. Box N3933
Nassau, N.P., The Bahamas
Tel: 242-323-3314
Fax: 242-393-4280
Mr. D. Gilbert Cassar
Senior Manager, Trust Department
Coutts & Company (Bahamas) Ltd.
P.O. Box N7788
Nassau, N.P., The Bahamas
Tel: 242-326-0404
Fax: 242-326-6709
Mr. James D. Graham
Manager
Darier Hentsch Private Bank & Trust Ltd.
P.O. Box N4938
Nassau, N.P., The Bahamas
Tel: 242-322-2721
Fax: 242-326-6983
Mrs. Anna Colebrooke
Vice President
Demachy Worms & Co. International
P.O. Box N3918
Nassau, N.P., The Bahamas
Tel: 242-326-0282
Fax: 242-326-5213
Mr. Ronald W. Springle
Financial Controller
Eastland American Bank Ltd.
P.O. Box N4920
Nassau, N.P., The Bahamas
Tel: 242-325-9170
Fax: 242-325-1002
Mr. Tyrone Fowler
manager
Euro-Dutch Trust Co. (Bahamas) Ltd.
P.O. Box N9205
Nassau, N.P., The Bahamas
Tel: 242-325-1033
Fax: 242-323-7918
Mr. Anthony L.M. Inder Rieden
Managing Director
Fidinam Trust Corporation (Bahamas) Ltd.
P.O. Box N9932
Nassau, N.P., The Bahamas
Tel: 242-326-5084
Fax: 242-328-0541
Mr. Cedric B. Moss
Resident Manager
Laurentian Bank & Trust Company Ltd.
P.O. Box N4883
Nassau, N.P., The Bahamas
Tel: 242-326-5935
Fax: 242-326-5871
Mr. E. Andre Doyon
Managing Director
Lloyds Bank International Private Banking
P.O. Box N4843
Nassau, N.P., The Bahamas
Tel: 242-322-8711
Fax: 242-322-8719
Mr. Sam P. Haven
Assistant Manager, Trust Department
Mees Pierson (Bahamas) Ltd.
P.O. Box SS5539
Nassau, N.P., The Bahamas
Tel: 242-393-8777
Fax: 242-393-0582
Mr. Geoffrey Dyson
Managing Director
Montaque Securities
International, Ltd.
Saffrey Square
Bay Street & Bank Lane, 1st Floor
P.O. Box N-7474
Nassau, The Bahamas
Tel: (242) 356-6133
Fax: (242) 356-6144
Owen S. M. Bethel
President & Managing Director
Morgan Trust Company of The Bahamas
P.O. Box N4899
Nassau, N.P., The Bahamas
Tel: 242-326-5519
Fax: 242-326-5520
Mr. Andrew G. Massie
Managing Director
Norshield
International, Inc.
Tradewinds Building
P.O. Box N-9645
Nassau, The Bahamas
Tel: (242) 325-4403
Fax: (242) 322-6003
Rawson Trust Company Ltd.
P.O. Box N4465
Nassau, N.P., The Bahamas
Tel: 242-322-7461
Fax: 242-326-6177
Mrs. B. M. Rolle
Manager, Accounts
Sand Ander Investment Bank Ltd.
P.O. Box N1682
Nassau, N.P., The Bahamas
Tel: 242-322-3588
Fax: 242-322-3585
Mrs. R. L. Symonette
Manager
The Chase Manhattan Private Bank
P.O. Box N1576
Nassau, N.P., The Bahamas
Tel: 242-323-6811
Fax: 242-326-8814
Mrs. Eunice E. Smith Manager, Unit Trust Department
The Citibank Private Bank
P.O. Box N1576
Nassau, N.P., The Bahamas
Tel: 242-323-3521
Fax: 242-325-6147
Mr. David N. Tremblay
Managing Director
The Private Trust Corporation Ltd.
P.O. Box N3242
Nassau, N.P., The Bahamas
Tel: 242-323-8574
Fax: 242-326-8388
Mr. Peter B. Evans
Managing Director
Thorand Trust & Management Ltd.
P.O. Box N3242
Nassau, N.P., The Bahamas
Tel: 242-393-8622
Fax: 242-393-3772
Mr. Robert V. Lotmore
Managing Director
Westpac Bank & Trust (Bahamas) Ltd.
P.O. Box N8332
Nassau, N.P., The Bahamas
Tel: 242-328-8064
Fax: 242-326-0067
Mrs. Jacqueline M. Bain
Managing Director
