Offshore Mutual Fund

(redirected from Off-Shore Fund)

Offshore Mutual Fund

A mutual fund based outside the United States. Offshore mutual funds must comply with regulations in the countries in which they are registered, but need not comply with American regulations. Offshore mutual funds cannot be sold in the United States unless they comply with these regulations, but they may invest in U.S. securities.
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BMA funds also launched Pakistan's first US dollar denominated off-shore fund in 2005 which is the only Pakistan dedicated offshore fund being managed out of Pakistan.
JP Morgan US Value Equity Off-shore Fund invests in JPMorgan - US Value Fund and its benchmark is the Russell 1000 Value Index.
He also took into account that despite the off-shore fund being investigated by the Inland Revenue in 1992, Kearns had deliberately concealed its existence.
It was clear we needed to work with an independent fund administrator for managing both our on-shore and off-shore fund administration needs," said David Parker, Chief Operating Officer, The Archstone Partnerships.
With decades of experience supporting the Financial Services community, Anchin currently delivers its experience to investment partnerships, hedge funds, funds-of-funds, private equity funds, off-shore funds, master-feeder structures, broker/dealers, mutual funds and investment advisers.
The Government has been making concerted efforts to attract greater foreign investment into India with special thrust on availability of off-shore funds for infrastructure development.
Tweedy, Browne handles over $14 billion for individuals, institutions, partnerships, off-shore funds and mutual funds.
The team currently provides research for off-shore funds including Indian equities and BRIC equities.
Saudi-based Al-Rajhi Capital recently launched a Luxembourg-domiciled fund to invest in Saudi equities aiming to tap demand for off-shore funds, the head of its asset management division said.
All this exacerbated by the Government's failure to introduce regulation and controls to prevent, inter alia, stock market manipulation including: short selling, interested parties promoting stock, off-shore funds, tax havens, etc.