"With banks, funds, securities companies and third party managers successively entering the wealth management space, wealth management competition is becoming white hot, " said Beijing-based National Trust Ltd.

WSJ: Chinese Trusts Draw Big Inflows

The Jersey Community Relations Trust report said the representation of women in the States Assembly was "unacceptably low" at just 23% and only a third of managers and senior directors in Jersey were women.

BBC: Report shows gender inequality in Jersey

"The second- and third-rung managers are used to their father's vigilant and streetwise style, " says an industry analyst.

CNN: TOUGH CHALLENGE