Author: Aaron

  • Cayman Islands A Conduit For Asian Hedge Fund Investors

    A surge in interest from Asian investors has contributed to a 100% increase in the number of hedge funds registered in the Cayman Islands during 2004, as more than 1,100 new funds were established in the jurisdiction last year, according to a new analysis released by global offshore law firm Walkers. It means that over…

  • Offshore: A simple plan

    Europe’s role in the global investment fund market has become increasingly prominent. The introduction of alternative investment strategies has created a more competitive arena. As a result, jurisdictions closer to the European market are becoming a more attractive platform for offshore investments and a A simple plan. The Guernsey regulator — the Guernsey Financial Services…

  • The ETF Industry’s 800-Pound Gorilla

    In a sense, San Francisco-based Barclays is the McDonald’s (MCD) of the ETF world. McDonald’s didn’t invent hamburgers and Barclays didn’t create ETFs, but the companies each exploited and popularized their industry niches to a greater degree than anyone else. Barclays’ family of 99 iShares is the undisputed 800-pound gorilla of the growing ETF market.…

  • Wealthy Taxpayers Feeling the Pressure from IRS

    AccountingWEB.com – The Internal Revenue Service is targeting wealthy executives and entrepreneurs to ferret out would-be tax dodgers. The IRS has not focused on individual tax returns of the well-to-do for years, the Wall Street Journal reported, but is becoming more aggressive after studying the results of a 2003 pilot program covering 24 big companies,…

  • New hedge fund to use ‘crisis investing’ strategy

    SAN FRANCISCO (MarketWatch) — Joe Feshbach, who with brothers Matthew and Kurt ran one of the most high-profile short-selling hedge funds of the 1980s, is back. This time, instead of betting against companies, a new hedge fund he’s starting — Joe Feshbach Partners LP — will buy securities of troubled firms. Using a strategy called…

  • Introduction to Offshore Investments

    Tax is the driving force behind ‘offshore’, but for the great majority of well-off individuals considering offshore investment, tax is not directly an issue. They reside in high-tax areas such as the EU, the US, Canada or Japan, they pay their taxes, and if they make ‘offshore’ investments, it is in pursuit of higher returns,…

  • The British Connection

    The healthy bilateral relations between the UK and Tunisia were reinforced by the recent visit of Michael Savory, the lord mayor of the City of London. The three-day work trip from February 17-20 aimed to promote British interests already in Tunisia and encourage further investment. With the UK still a major investor in Tunisia, both…

  • China Woos Latin America in Oil Hunt

    Latin America is becoming a rich destination in China’s global quest for energy, with the Chinese signing accords with Venezuela, investing in largely untapped markets like Peru and exploring possibilities in Bolivia and Colombia. China’s sights are focused mostly on Venezuela, which ships more than 60 percent of its crude oil to the United States.…

  • Rydex ETF equal-weights S&P 500 stocks

    BOSTON – Exchange-traded funds that invest in widely-held S&P 500 companies can look markedly different, depending on how much they allocate to individual stocks. The Rydex S&P Equal Weight ETF (RSP) invests the same amount — 0.20 percent — in every stock in the S&P 500 index (SPX), rebalancing quarterly to maintain the portfolio. The…