Invest Offshore

Author: Aaron

  • A tidy but risky global investment vehicle

    —

    by

    Aaron
    in

    U.S. depositary receipts are a pure investment play But beware lack of liquidity, effects of exchange rates. Want your investment portfolio to keep time with the sizzling hot emerging markets of India and China, but you’re leery of the fee structures woven into many mutual fund products? Ideally, Canadian investors would be able to play…

  • Sharia law says money cannot be regarded as a commodity

    —

    by

    Aaron
    in

    Can money be called a “commodity”? What do Islamic scholars say about this idea? Before we get to these questions, let us briefly go over some important points regarding how Islamic banks differ from conventional banks the whole focus of our ongoing discussion through this column over the past few weeks. An Islamic bank deploys…

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

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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?

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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…