a refuge from the us tax storm
For the last five years, Maseco Wealth has been helping the growing number of American expats who have been caught up in a US crackdown on overseas accounts…
Author: International Adviser
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lmim investors group lashes out
In the wake of last week’s winding up order by the Supreme Court of Queensland of LM Investment’s First Mortgage Income Fund, the Advisers Committee for Investors lashed out at what it said were “multiple failings" within Australia’s regulatory system, for having permitted the fund to get into the state it did…
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Now the cooperative bank is to close
Another Crown Dependency island is to lose another banking brand, with the announcement today by the Co-operative that it is to close its Guernsey branch early next year, with the loss of 11 jobs.
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eea death bonds fund slashed by 10 percent
EEA Fund Management, a vocal defender of traded life policy investments, has written to shareholders of its EEA Life Settlements Fund informing them of a 10% reduction in its net asset value.
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singapores aam advisory formally launches
AAM Advisory, the Singapore-based advisory firm, has launched a special division to cater for the lesbian, gay, bisexual and transgender community, and named one of its senior advisers to head it up.
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still business as usual gibraltarians
As the row between Spain and the UK over Gibraltar came to the end of a second week, Gibraltarians continued to reiterate that it was business as usual on the 2.6 sq mi Rock they regard as a part of Britain.
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montello launches luxembourg fund
UK-based real estate bridging finance fund manager Montello is set to launch a Luxembourg fund, in response to what it says is "strong demand" from international advisers and investors.
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investors poured 665bn into funds globally
Investors around the world poured some $665bn (£430.1bn, 501.6bn) into funds worldwide during the first half of 2013, excluding money market funds, as sentiment improved, according to data from Strategic Insight.
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Bank of Ireland announces iom closure
The Bank of Ireland is to close its Isle of Man operations by the end of August next year, as it turns its focus on strengthening "core businesses" in the UK and Irish markets.
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baring hk china fund penalised
Morningstar OBSR has downgraded the Baring Hong Kong China Fund from a bronze to a neutral rating because it believes the execution of the investment process is hampered by the fund’s size of $2.3bn.
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hmrc unveils consultation on latest measures
In what it says is an effort to tackle "both the supply of and demand for tax avoidance schemes", HM Revenue & Customs has put forward for consultation its latest package of measures aimed at making tax avoidance more difficult.
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singapore life industry new bis first half
Singapore’s life insurance industry saw total weighted new business premiums in the first half of 2013 grow by 24% over the same period last year, driven by "healthy sales" across all product lines.