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Other offshore Investment

Recognised Offshore Fund Management Companies

There are different types of offshore funds recognised by the UK Financial Services Authority under Sections 86, 87 and 88 of the Financial Securities Act.

Section 86 funds all have compensation schemes broadly equivalent to the UK Investors Compensation Scheme. The Financial Services Authority categorises offshore funds as the following types: OOEI Offshore Open Ended Investment Company. SICAV Societé d'Invetissement à Capital Variable. UF Umbrella Fund. OUT Offshore Unit trust. OFCP Offshore Fonds Communs Placements. OM Offshore Miscellaneous. OSIC Offshore Investment Company. If it is important for you to know whether a particular fund is recognised you should phone the FSA Central Registry on 0207 929 3652 (in UK) or +44 207 929 3652 (if you are outside the UK) and they will tell you over the phone.

Other offshore Investment

Last updated 17 December 2007.