Invest Offshore

Category: ETF, Hedge & Mutual Funds

  • Cayman hedge industry on track for record growth

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    Aaron
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    NEW YORK, June 20 (Reuters) – Some 665 hedge funds established a presence in the Cayman Islands in the first five months of 2006, a pace that could put the offshore banking center on track for another record year in registrations in 2006, Cayman officials said Tuesday. As of the end of 2005, there were…

  • Mellon Global Investments Japan Launches $3.0 Billion Fund

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    PITTSBURGH — Mellon Global Investments, the international distribution subsidiary of Mellon Financial Corporation has announced the launch of the Nikko Mellon GW Select Best Nine Fund* managed by its Japanese business, Mellon Global Investments Japan, and distributed in Japan by Nikko Cordial Securities Inc. This new launch is the largest fund launch Mellon has ever…

  • Rogers International Raw Materials Fund

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    Aaron
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    The Rogers International Raw Materials Fund was designed to replicate the Rogers International Commodities Index (RICI). The Index was developed by James Beeland Rogers, Jr. to be a balanced, long only, representative, international raw materials index. The Index Fund’s primary objective is to provide an alternative investment vehicle for investors with diversified portfolios. Beeland Management…

  • Precious Metals Exchange Traded Fund

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    Aaron
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    On May 22nd a new metals based Exchange Traded Fund began trading on the Amex (GDX). The new Market Vectors – Gold Miners ETF was launched by the Van Eck Global firm and trades under the ticker symbol GDX. (PRWEB) May 27, 2006 — On May 22nd a new metals based Exchange Traded Fund began…

  • Invest offshore in ETF’s

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    Aaron
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    QUESTION: What are the tax implications for an american citizen of buying exchange traded funds in another currency in an offshore account? REPLY: According to MSN Money Central, an exchange traded fund (ETF) is essentially an index fund. As such they would be treated as mutual funds by the IRS. Those that are available through…

  • Leeward launches Offshore Canadian Income Fund

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    Aaron
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    Leeward Offshore Canadian Income Fund has launched the Leeward Offshore Income Trust Fund, which will invest solely in Canadian income trusts. Leeward Hedge Funds Inc (Leeward) has been appointed investment advisor to the new fund, the sixth for which Leeward provides investment advisory services. The Cayman Islands registered fund will utilize leverage and its objective…

  • India Capital Fund wins 2005 Asiahedge award

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    India Capital Management Ltd which has a total AUM of US$200M is proud to announce that it has won the “Best Single Country Fund of the Year” at the 2005 AsiaHedge Awards for it’s Fund, the India Capital Fund, presented last week on 20th October in Hong Kong. It was also nominated for the same…

  • Private interest could create more gold funds

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    Aaron
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    The five gold-backed investment funds already traded around the world could be the tip of the iceberg if investors allocate more of their funds to the metal, an official at the World Gold Council said this week. “We are just starting to see a transition,” Katharine Pulvermacher, head of asset allocation research at the World…

  • Fund managers are in poachers’ sights

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    We all know how important a manager is to the success of a fund, but the poaching of top talent has become so widespread in the asset management industry that it is threatening to undermine investor confidence. Fund-hopping is an occupational hazard for Robert Burdett, who runs several funds of funds for Credit Suisse Asset…