Offshore Investment

Latest figures from the European Fund and Asset Management Association (EFAMA) reveal that bond funds were the most popular asset class worldwide in Q3 last year, although down on previous quarter.

The assets of Irish domiciled investment funds have reached a record high and passed the €1 trillion mark.

Rainer Lenzin will concentrate on developing and expand the position of Pioneer Investments in the country.

Sterling's recent gain against the euro provides a window of opportunity for international clients looking to buy property in eurozone countries.

RBC Wealth Management is boosting specialist business services with the appointment of Michelle Wright, who will take on responsibility for US clients requiring wealth management in London.

Lloyds TSB International has improved fixed term deposits for expats who are looking to lock into better rates.

Natalie Hall has been appointed ‘Director of Marketing' at Royal London 360°. Her new role means she will also join the company's Executive Committee.

A Channel Islands-listed fund which held "substantial" assets with failed broker MF Global UK Limited has ceased trading.

The global absolute return sector will need to re-assess its offerings, according to Kevin McConnell, Head of the team that manages the Dublin-domiciled Bloxham Midas Global Absolute Return Fund, which is shortly to launch a sterling share class.

The Dubai Financial Services Authority (DFSA) is alerting the financial services community and members of the public to two fraudulent websites - www.difc-ib.com/ae/ and www.difcbk.com.