Offshore Investment

The New Earth Solutions Recycling Facilities Investment sub-fund has raised £4m since its July launch.

HSBC Global Asset Management is set to launch the HSBC GIF Middle East and North Africa (MENA) fund. As part of HSBC's Global Investment Funds SICAV, it will be Luxembourg-domiciled and managed by Andrea Nannini and his team at Halbis.

James Cooper, William Russell's sales director explains how intermediaries could be missing out on the opportunity to advise their expatriate clients on international protection products.

Jupiter Asset Management has launched a Luxembourg-authorised Jupiter Merlin Funds Sicav.

TriAlpha Investment Advisers has launched five sub funds of the TriAlpha Alternative Strategy Unit in Singapore.

Abbey International has launched a range of limited offer fixed rate contracts, currently paying 6.75% AER.

The Governing Council of the EBC has held interest rates at 4.25% as the Eurozone feels the pinch.

The Bank of England's Monetary Policy Committee (MPC) voted to maintain the official Bank Rate paid on commercial bank reserves at 5%.

Castlestone Management has expanded its presence in Asia by opening its first office in Singapore.

New management company Vallea Capital has launched the long/short Vallea fund, advised by the investment management consultancy, Laven Partners.