Latest News From Foord

As recently communicated, the administrator for all the Foord global and international funds will change to RBC Investor & Treasury Services (RBC) from 1 July 2017. This announcement contains further information for investors.

By way of introduction, Foord Asset Management (Guernsey) Limited established the Foord International Trust (FIT) in Guernsey in 1997. In 2012, Foord Asset Management (Singapore) Pte. Ltd was established as an investment research office and launched the Foord Global Equity Fund (FGEF) in Singapore. Foord Asset Management (Foord) then mirrored the FIT and FGEF investment strategies in two UCITS-compliant sub-funds of Foord Sicav in Luxembourg, Europe’s leading cross-border funds market. Unlike FIT and FGEF, these UCITS Funds are eligible for distribution in all EU markets.

We reported in our Q1 2016 newsletter that a new global tax reporting system was being introduced by the OECD that would affect investors with cross-border investment holdings. This development, better known as the Automatic Exchange of Financial Account Information or the Common Reporting Standard, is now in full swing with reporting to tax authorities imminent. Brendan Africa provides an update on some frequently asked questions:

Software has become the centre of modern innovation and industry disruption. ISHRETH HASSEN writes about the profound implications of software’s inexorable progress.

Foord’s flagship global fund, the Foord International Trust (FIT), was launched 20 years ago this March. Multiple-counsellor portfolio manager BRIAN ARCESE examines the fund’s performance through the lens of the investment cycle.