Three quarters of advisers do not often recommend offshore products, but they admit that could all change following a listing decision by the IMA which will make information about them more readily available...
The offshore fund sector will receive a boost following the IMA's decision to publish data on collective investments domiciled overseas, with more than half of the Professional Adviser panel now more likely to recommend them. Just over half (55pc) said they would be more likely to advise clients to opt for funds domiciled overseas in the wake of the IMA's decision to begin listing new fund management data. The organisation plans to incorporate offshore funds into existing sectors, and additional sectors may also be created. Currently, only a quarter (26pc) of advisers on the panel...
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