Offshore Investment

The Serious Fraud Office (SFO) has confirmed it has launched an investigation into an alleged fraud on the Corporate Banking Department of Allied Irish Banks Plc, centring on a series of loans for the purchase of a number of UK investment properties....

Investec Asset Management will change the investment focus of its existing Investec GSF High Income Bond (USD) fund, developing its Fixed Income product range.

Swiss wealth manager Julius Baer will launch a fund dedicated to investments in agriculture equities and commodities in the UK market.

Isle of Man-based Alliance & Leicester International (ALIL) has rolled out three multi-channel savings accounts designed to provide customers with more choice in how they manage their accounts.

JP Morgan is launching five bond vehicles for its fixed income team which it recruited from Schroders last year.

The value of Arch's entire offshore fund range slumped between 10% and 40% in the days leading up to its onshore fund suspension.

Liontrust Asset Management has announced a quartet of in-house managers will take over the management of two Guernsey-based funds run by Jeremy Lang.

An offshore investment fund has acquired ailing Allied Carpets identifying long-term value in the troubled retailer.

T. Rowe Price, the US-based investment manager, has launched a European Smaller Companies Equity vehicle as part of its Luxembourg SICAV range.

Old Mutual Bermuda (OMB), the group's US Life offshore business, is being closed to new business with immediate effect.