Offshore Investment

Japan has joined a host of countries which have escaped the grip of recession, yet Aberdeen Asset Management warns the nation's problems are more deeply entrenched than its peers.

VAM Funds has launched the Luxembourg-domiciled VAM Asia Fixed Income fund to allow investors to exploit opportunities in the Asian fixed income market where yields on investment grade bonds are averaging 6% annually.

The Italian tax authority has opened an inquiry into allegations that members of the Agnelli family, who controls Fiat, are holding undeclared funds abroad.

Offshore bond holders have made a decisive move to equities at the expense of other asset classes as risk appetite improves, according to providers.

Here we list who has moved where in another busy week in the offshore sector.

The British Virgin Islands and the Cayman Islands have joined the Organisation for Economic Co-operation and Development's (OECD) 'white list' of tax havens which have "substantially implemented" the internationally agreed tax standard.

Friends Provident International (FPI) has launched three investment-linked funds designed to give investors exposure to stock market volatility as part of their investment portfolio.

Financial consultants deVere and Partners has acquired web-based international broker, Programmes for Wealth international (PWi).

Every bank with a UK presence has been ordered to surrender details of customers holding offshore accounts to HMRC.

Zurich Financial Services Group has unveiled an electronic ‘guardian angel' Blackberry application to provide medical and security information to business globetrotters.