Island of Bermuda-based Star Asset Management.

Some 60 people are here for the weekend festivities that include golf and daylight and dinner cruises. The company, which operates on Richmond Road, will also hold a directors' meeting.

And participants in the Windreach programme, the charity that provides riding facilities for handicapped children, will be the big winners out of Star Asset Management's 2nd Annual Golf Classic & Fun Management Weekend.

Windreach has been designated as this year's recipient of the proceeds raised during the tournament at Castle Harbour Golf Club.

This is the second year of the tournament, and the first year that an annual charity award will be made, provisionally, to a different charity every year.

Star Asset Management has more than $750 million in funds under management.

The event is an opportunity for the firm to host overseas banking guests from some of the main international investment banks that Star works closely with.

Included are top executives, and their spouses, from Morgan Stanley, Merrill Lynch, Bear Stearns, Nomura, Bankers Trust, CFSB, DLJ, Paribas, Barclays Capital, ING, Dresdner, BMO, UBS, J.P. Morgan and Santander.

Star Asset Management, a family-run operation that has been here since 1995, also has offices in London and Israel.

It is managed by chairman Jack Crystal, together with his sons David and Zev.

STAR MANAGERS -- Star Asset Management chairman Jack Crystal (centre) is flanked by his sons, David (left) and Zev holding the trophy up for grabs in this weekend's charity golf event.

FUND RAISER FNR