Offshore Investment

The pound has fallen against the dollar and euro today after news the UK's output in the second quarter showed a far less resilient economy than the market predicted.

Friends Provident International (FPI) has launched its Optus Group protection policy in the Middle East.

RWC partners will launch a Luxembourg-based US equity long short fund, pending approval by regulators.

A total of five Jersey Foundations have been established and more than 40 registrations have been approved within a week of the introduction of the Jersey Foundations Law.

Advisers must give tax advice on an international, not just local basis as wealthy families increasingly look to manage their assets internationally, according to a new report.

Guernsey and Jersey intend to follow the Isle of Man's move in committing to automatic exchange of information, but concerns of a level playing field prevail.

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

While house prices across Europe have plunged in recent months, a stream of wealthy tax exiles is continuing to push up property prices in offshore tax enclaves across the continent.

The migration of foundations to Jersey is set to soar as a new more flexible law lures existing structures to the island at the expense of other offshore centres.

Over three quarters of depositors with savings trapped in Kaupthing Singer & Friedlander Isle Of Man are due to be repaid in full by early September this year.