Author: Aaron

  • Fidelity purchases shares of Boardwalk Real Estate Investment Trust

    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

    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

    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.…

  • New Bulgarian Property Fund Helps Britons Mitigate IHT

    A new investment scheme (Bulgarian Property Fund) has been launched in the United Kingdom designed to mitigate the effects of inheritance tax by investing in the Bulgarian property market, it has been reported. According to the Daily Telegraph, the Black Sea Property Fund, launched by Development Capital Management (DCM), is a seven-year savings plan giving…

  • Taxation, Globalization and Free Trade in the Bahamas

    The first offshore Free Trade operations in the Western Hemisphere were established in the Bahamas in 1936 by British and Canadian interests to provide management services for the investments of wealthy clients. These operations eventually became a wholly owned subsidiary of the National Westminster Bank, which was consolidated into the private banking operations of its…

  • Corporations in Search of Paradise – Fiscal, That Is

    DAVOS, Switzerland, Jan 27 (IPS) – All of the rhetoric about corporations’ social responsibility, promoted in the international arena and adopted by the World Economic Forum (WEF), suffers from a structural flaw because it pays little attention to corporate tax evasion, say activists. Despite the recent headline-grabbing cases of tax fraud — by the likes…

  • Now’s the time to make that offshore investment

    By Renée Bonorchis Johannesburg – Local might be lekker, but with the rand dollar at levels of R6 and below for over two months, it’s a good time to invest offshore, according to market experts. The Association for Collective Investments, which monitors the unit trust industry, said this week that private investors earmarked more than…

  • Following the herd could cost you dear

    For investors who bought technology funds during the internet boom, only to see their value halve when the bubble burst, studying “behavioural finance”, the analysis of irrational investor behaviour, could pay big dividends. Behavioural finance contrasts with the traditional argument that markets are “efficient” that is, share prices reflect publicly available information. According to this…

  • Barclays’ gold-backed security to launch on Friday

    NEW YORK, Jan 27 (Reuters) – The newest U.S. gold exchange-traded fund, iShares COMEX Gold Trust, will make its long awaited debut on the American Stock Exchange on Friday under the ticker symbol IAU, Barclays Global Investors said on Thursday. “We heard from the SEC (U.S. Securities and Exchange Commission) late last night that we…