Offshore

Fund supermarket Cofunds has expanded its Luxembourg-domiciled fund range.

AXA Isle of Man is to use an offshore bond wrapper to provide clients with exclusive access to the newly launched Bramdean Alternatives Limited Fund.

Henderson Global Investors is to launch a new Jersey-based closed-ended fund which will offer a diversified portfolio of predominantly UK and European fixed income assets.

One of the topical issues at the moment is Fidelity's Special Situation Fund, reported to be over £3bn in size, as the fund management moves from Anthony Bolton to Sanjeev Shah.

Resolution has confirmed its decision to appoint Capita to take over the customer service and administration of its life and protection businesses, in a deal worth £580m over 12 years.

The governments of Jersey and Guernsey have defended the Islands against accusations by the USA that they are "offshore secrecy jurisdictions".

Alliance & Leicester International is attempting to cash in on the growing number of silver surfers, with the launch of an online only savings account.

Not only a change of Prime Minister and Chancellor announced since last I wrote - but a change of editor as well!

Investec Bank's Channel Islands division has confirmed it will be opening a new branch in Jersey following a period of outstanding growth.

Legal & General has taken its next step into the offshore market with the appointment of a new chief executive for its Irish operation.