Managing Partners Limited (MPL)has launched a Swiss Franc share class in its Traded Policies Fund to meet the appetite from Swiss investors for investment vehicles denominated in their domestic currency.
Isle of Man-based Boal & Co has announced the launch of a "Spousal Bypass Trust". The trust ensures that QROPS death benefits are instead paid out to a trust, completely separate from the spouse's taxable estate.
The Dubai Financial Services Authority (DFSA) has appointed Saeb Eigner as its new Chairman.
China could have 70 fund management companies by mid-2012, according to analysis by Z-Ben Advisors.
RBC Wealth Management, part of Royal Bank of Canada, has opened a new trust office in Singapore headed up by Hilary May, managing director.
Isle of Man-based Royal London 360° sees growing popularity in single premium bonds and UK offshore wrap partnerships
The latest figures from the European Fund and Asset Management Association (EFAMA)record net outflows of EUR30bn from money market funds, but increased interest in balanced and bond funds.
Jittery stock markets and the continuing debt crisis see investors opting for 'safe haven' currencies.