Invest Offshore

Tag: Bermuda

  • Global investment flowing through tax havens grows by $700bn

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    Aaron
    in

    The portion of global investment flowing through tax havens has risen by $700bn in two years, according to an analysis by ActionAid. The NGOs evaluation of data from the International Monetary Fund evidences a 5% increase in investment moving through tax havens between 2013 and 2015, from $11.8tn to $12.5tn. ActionAid said this growth was…

  • Sun Life Financial to acquire pension business of FWD Hong Kong

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    Aaron
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    Will strengthen Sun Life Financials’ position in the Hong Kong pension market TORONTO, Aug. 5, 2016 /PRNewswire/ – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that Sun Life Hong Kong Limited (“Sun Life HK”) will acquire the pension business of FWD Life Insurance Company (Bermuda) Limited (“FWD”), consisting of Mandatory Provident Fund…

  • Offshore private equity deals set to reach five-year high

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    Aaron
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    Private equity deals accounted for more than a quarter of the total value of offshore mergers and acquisitions in the third quarter of 2015 and are set to reach the highest total dollar value in five years, according to a report by Appleby. [box]The Offshore-I report, which looks at private equity transactions in offshore markets…

  • British Overseas ‘Tax Havens’ Warned by UK

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    Aaron
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    LONDON, England — A Labour government would push for UK overseas territories to be put on an international blacklist if they refuse to co-operate with a drive against tax avoidance, Labour Party leader Ed Miliband has told them ahead of general elections in Britain in May. In a letter to the leaders of British Overseas…