Edmond de Rothschild bought out by local management team

The deal to buy Edmond de Rothschild Holdings (CI) from parent company Edmond de Rothschild (Suisse) includes two licensed entities Edmond de Rothschild Asset Management (CI) and Edmond de Rothschild Securities (CI), both of which will go under the Rocq Capital banner from today.

'With my fellow directors John de Garis and Jamie Gregson and the rest of the team, we are delighted to be continuing the business we have built while being part of the Edmond de Rothschild Group,' said managing director Stuart Perfitt.

'We consider that the time is now ripe to take our business forward as an independent, locally-owned entity and that this will be in the best interests of clients and staff.

'Although ownership and names have changed we shall continue to provide the same high quality service for all our asset management and broking clients that they have been accustomed to over the past 20 years.

'We are grateful to the Edmond de Rothschild Group for this opportunity.'