Portfolio bonds are evolving into fund supermarkets which offers clients the opportunity to invest in a vast selection of assets under one insurance umbrella, writes Anusha Roy
Portfolio bonds are developing into the fund supermarket of the high net worth individual. With the intricacies of offshore products in the market, portfolio bonds offer the client the opportunity to invest in a wide range of assets, all under one insurance umbrella. As the offshore life office issues these bonds, investors are able to take advantage of the tax benefits of an offshore life assurance policy. However, with the increased activity of the offshore industry and the copious supply of portfolio bonds in the market, the infrastructure of the offshore industry is being questioned. Go...
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