contents
ANALYSIS
Fund selector:
PROFILES
Thematic 19-22
Even in the best of times – let
alone during a global recession
– investing in thematic funds
can be a tricky business, as
returns vary so wildly between
the different sectors. Gold, for
example, is currently popular
while real estate and financials
are not doing so well as they have
borne the brunt of the recession.
Here we look at the funds that
have performed best over three
years, as well as the pick of the
Company profile:
Zurich International
Life 24-25
as intermediaries and insurers
nervously await new regulatory
measures designed to prevent
more financial disasters. But
newest and biggest funds ZIL targets expatriates,
advisers are experiencing an
globally minded individuals upsurge in client numbers, as
and corporates and focuses nervous investors burnt by the
on a small number of core
international markets. Acuity’s
downturn seek help
Bryan Low looks at its range
of single and regular premium
products
Intermediary profile:
Horwath Financial
Services 28-29
Country profile:
As the British were handing Hong
Hong Kong 26-27
Helen Burggraf finds a Hong
Kong investment community still
reeling from the aftershocks of
the Lehman Brothers collapse,
Kong back to China back in 1997,
a fledgling Horwath Financial
Services was finding its feet in
the local market. Some 12 years
later, both the former colony and
the company are thriving
IA Intermediary Panel
Graham Barnes
Director,
international
division,
The Fry Group, UK
Peter Sayers
Director, Horizon
Financial
Services, Jersey
Nick Cann
Chief executive,
The Institute
of Financial
Planning, UK
Barry Hardisty
Wealth manager,
RBC Wealth
Management,
Jersey
Nigel Gregg
Director,
MAC Financial,
Isle of Man
Tony Shah
Associate
director, Christchurch
Investment
Mgt, UK
Peter McGahan
MD, Worldwide
Financial
Planning, UK
Gary Boal
Managing
director,
Boal & Co,
Isle of Man
Michael
Greenwood
Technical
manager,
Towry Law, UK
Sam Instone
Director, AES
International, UK
Simon Liew
Investment
strategist, Frontier
Wealth Mgt,
Singapore
Sean Kelleher
Chairman,
Financial Partners
Group, Dubai
Robert Parker
Chief executive,
Holborn Assets,
Dubai
Mahmoud
Nodjoumi
Chairman and
chief exec, Nexus
Group, Bahrain
Michael Porter
Chief invest
officer, Harvard
House Investment
Mgt, South Africa
TECHNICAL
Q&A: Claiming tax on
a remittance basis 33
In this month’s column, Boodle
Hatfield’s Karen Marks explains
the rules governing nondomiciled
UK residents being
taxed on a remittance basis, and
advises a reader what his client
should be considering for the tax
year 2009-10
Briefing:
Compensation 34-35
The spectacular collapse of
the Icelandic banks in 2008,
in which many UK investors
were caught, has brought into
sharp focus the UK’s financial
compensation system. Gerry
Brown of Prudential explains
what the current rules are in
this area, and assesses how
those who lost out last year
are likely to fare
IA Tax Panel
Margaret Jago
International
technical
manager,
Aegon SEI
Gerry Brown
Head of trusts
and taxation,
Prudential
Brendan Harper
Technical
services
manager, FPI
Brian Murphy
Senior financial
planning
manager,
Axa Sun Life
Paul Kennedy
Business
development
director,
FundsNetwork
FEATURE
IA offshore life office
roundtable 14-16
In July International Adviser
gathered together seven leading
figure from the offshore life
industry to discuss a range of
issues that are affecting their
industry. Topics included the
UK’s Retail Distribution Review,
the after-effects of the Kaupthing
Singer Friedlander collapse,
and the different approaches in
regard to permissible assets,
soft commissions and marketing
allowances paid by banks to IFAs
STATS
Banking deposits 37
A list of top-paying offshore
accounts – with various
notice periods and different
currencies
The IA Quality Funds
39-43
The IA Quality Funds are the blue
chips of the offshore fund world,
divided into various equity, bond
and hedge sectors
Rachael Griffin
Head of product
law and financial
planning, Skandia
International
George Berg
Legal manager,
Norwich Union
International
Julie Hutchison
Head of estate
planning,
Standard Life Int’l
Deborah Moon
Technical
manager, Royal
London 360º
John Cowley
Head of marketing
and technical,
Canada Life Int’l
2 INTERNATIONAL ADVISER [www.international-adviser.com] AUGUST 2009
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