Invest Offshore

Author: Aaron

  • BluMont Capital Inc. Launches Offshore Version of BluMont Hirsch Long/Short Fund

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    Aaron
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    TORONTO–Feb. 15, 2005–BluMont Capital Inc. (TSX VENTURE:BCC) has announced that its wholly-owned subsidiary, BluMont Capital Corporation (“BluMont”) has launched an offshore version of its BluMont Hirsch Long/Short Fund (the “Fund”), which employs a Canadian long/short equity hedge strategy that was established in January 2001 and has generated an annualized net return of 17.8% and a…

  • Emerging Mkt Shares Up; Interest In LatAm Stocks Continues

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    NEW YORK–Emerging market shares trading in New York were rising early Friday afternoon, with investors remaining upbeat over Latin American stocks despite their recent record rallies. The Bank of New York’s Emerging Markets American Depository Receipt Index was up 1.2% at 153.95 points, with the Latin America ADR index up 0.9% and Asia’s 0.8% higher.…

  • Secrets of healthy hedging

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    This technique can give you the edge in investing overseas – if you stick with it, writes Simon Hoyle. Currency hedging and dieting have more in common than you may think. Both require that you decide what you’re going to do and stick with it. It’s particularly difficult to predict how currencies will move in…

  • To place, or not to place money offshore?

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    Aaron
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    Q&A between Lindsay Williams and Peter Rigby about Money Offshore; December 2004 the rand trades at 5.60 to the US dollar – the first weeks of January 2005 the rand weakens to 6.14, strengthens temporarily, and slides once more – should investors be looking offshore? Alexander Forbes Financial Planning Consultants senior advisor Peter Rigby LINDSAY…

  • Building a nest egg online

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    Aaron
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    According to predictions from the Forrester Research Centre, the number of Europeans using online brokerage services to build a nest egg will almost double from 5 million in 2003 to nearly 10 million by 2007. Both traditional banks as well as online brokers have been getting more business since the financial market rebounded as of…

  • ING on the prowl overseas

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    ING Industrial Fund is the latest vehicle to head offshore but it has its sights more on Europe than the United States. The plan to head overseas was revealed when the fund announced an 8.5 per cent rise in net profit to $52.7 million for the six months ending December 31, 2004. Distribution for the…

  • Fidelity purchases shares of Boardwalk Real Estate Investment Trust

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    Aaron
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    BOSTON, MA, Feb. 7 – Fidelity Management & Research Company and Fidelity Management Trust Company, of 82 Devonshire Street, Boston, Massachusetts, USA, as well as Fidelity International Limited of 42 Crow Lane, Pembroke, Bermuda (hereinafter referred to as “Fidelity”) announce that certain funds for which Fidelity serves as investment adviser have purchased 71,000 shares of…

  • Gold trade booming in China

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    Gold is coming back in fashion in China, according to latest reports, with the middle class queuing up to purchase the precious metal. Evidence of the demand for gold was particularly clear when the Caishikou department store sold all its gold bars in just a matter of hours last month. When a second set of…

  • J.P. Morgan Chase’s ADR.com

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    American Depository Receipts (ADRs) have long been one of the easiest ways to invest in emerging market stocks without foreign regulatory complications and J.P. Morgan Chase and Thomson Financial offer a one-stop shop. ADR.com provides market overviews, research and customizable portfolios. Investors can track the performance of country indices and more than 40 sectors. J.P.…