Royal Skandia has opened an office in Singapore, in response to regional demand for its products.
The firm will be offering a version of its Isle of Man-based Executive Investment Account offshore bond, tailored for the Singapore accredited investor market. The bond will be open to investors with an annual income of S$300,000 (£110,850) or net personal assets of at least S$2m (£739,000). The EIA is a lump-sum open architecture investment offering access to thousands of collective investment funds, stocks and shares, as well as alternative investments such as hedge funds and structured notes. Investments can be made in any major currency, subject to an initial investment of $75,000, S$1...
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