The Association of Investment Companies (AIC) has warned offshore investment trusts and UK REITs could be under threat from Financial Services Authority (FSA) proposals to ban promotions of unregulated collective investment schemes (UCIS) to ordinary...
At least $21trn of unreported private wealth was being hidden in secret tax havens at the end of 2010 by the world's super rich, a major study has revealed.
HMRC is stepping up a campaign to target the super-rich by targeting people using overseas companies or trusts to hide property deals.
Thames River is to close the offshore version of its $3.5m Global Boutiques fund, domiciled in Dublin.
Skandia International has added two new Dublin-based emerging market funds to its offshore ranges.