Offshore Investment

The latest people on the move in international finance.

New powers mean that the DFSA may now appoint inspectors to investigate the affairs of companies and partnerships and to pursue enforcement remedies.

Fund administrator Vistra has announced the opening of its new operation in Hong Kong, Vistra Fund Services Asia.

Luxembourg-based Julius Baer Absolute Return Europe Equity Fund, has launched a sterling share class.

Skandia Investment Group (SIG) has announced it has further increased its exposure to equities.

The European Fund and Asset Management Association (EFAMA) has spoken out on the negative impact the so-called Volcker Rule could have on the industry.

The global economic downturn is providing an unexpected bonus for dating agency, Gray & Farrar, who has seen a rise in international professionals using the agency.

Offshore bond providers are shifting their new business focus away from jurisdictions such as the Isle of Man and towards European jurisdictions, Epoch Wealth Management has said.

The Appleby Charitable Foundation is the first Foundation to be approved under the Isle of Man's new Foundation Act introduced at the beginning of 2012.

Ireland's Finance Bill 2012 provides further tax efficiency and certainty for funds established in Ireland.