Offshore Investment

Latest figures showing investor behaviour in UCITS and non-UCITS released from the European Fund and Asset Management Association (EFAMA) show how investors refused to sell their equity fund investments despite market scares and woes.

Barclays Wealth International has launched an online tool which monitors forex rates. Called Barclays Wealth iAlert, the tool allows for the monitoring of up to 75 currency pairs.

The Swiss franc will remain one of the most desirable currencies in Europe unless the old Deutschemark is resurrected, is the prediction being made by Stuart Thomson, Chief Economist at Ignis Asset Management.

A UK tax consultant has joined forces with a Spanish accountancy firm in order to provide expat clients with expert advice on the tax issues in both countries.

NatWest International has launched issue 8 of its Navigator International Account offering customers the chance of some positive returns in both rising and falling markets along with capital protection.

The Federation of European IFAs (FEIFA) has revamped and updated its recruitment and passporting information service providing UK IFAs with opportunities to expand into the EU or return to the UK in a post-RDR world.

Offshore advisers feel more confidence in the shape of their local economies than in the global economy.

Irish funds recorded the highest level of net inflows in Europe in the first half of the year, reports the European Fund and Asset Management Association (EFAMA).

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.