Offshore Investment

JPMorgan Asset Management (JPMAM) has teamed up with Cofunds to offer ten Luxembourg-domiciled funds via the platform.

JPMorgan Asset Management has teamed up with Cofunds to offer ten Luxembourg-domiciled funds on the independent platform.

Royal London 360° has hired Joe Kelly as business development manager for Europe and Mark Croucher as regional sales consultant in the Middle East.

Guernsey-based Bramdean Alternatives is facing proposed legal action over Bernard Madoff's $50bn pyramid investment scandal, The Times reports.

The Irish government plans to inject €7bn into Allied Irish Banks and the Bank of Ireland, while shareholders in Fortis have rejected proposals to sell the bank's Belgium assets to BNP Paribas prompting concerns of a government bail-out.

The Court-approved informal Landsbanki Creditors' Committee has praised the Administrators, Deloitte, for 'doing a first class job' in trying to recover lost assets at its first full meeting.

Julius Baer has added an actively managed global convertible bond fund to its UK product range to help give investors portfolio diversification.

Isle of Man-based Canada Life International (CLI) has expanded its internal fund range linking to GHC's Resilient funds.

A new Jersey-domiciled investment company has launched providing access to Swedish pre-let residential properties.

New Star plans to close its troubled Heart of Africa fund.