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Offshore Investments
WAGUMA
#1 Posted : Thursday, December 03, 2009 10:49:37 AM
Rank: Member

Joined: 7/11/2008
Posts: 21
With all this political chaos in Kenya and a generally slow economic growth,Offshore investments seems like an idea that we kenyan investors should ponder over.There are two Fund Managers...Franklin Templeton and Friends Provident international that seems to be gaining ground in Kenya due to the good returns.They are both based in tax free havens.
Holla if interested on bwaguma@checkmate.co.ke/investmentadvisor@dryassociates.com
bryostraighttothepoint
#2 Posted : Thursday, December 03, 2009 12:42:52 PM
Rank: New-farer

Joined: 12/1/2009
Posts: 1
What's the minimum amount of cash i need to have to consider offshore investment ?
IFA2
#3 Posted : Thursday, December 03, 2009 2:20:57 PM
Rank: New-farer

Joined: 12/3/2009
Posts: 3
Friends Provident International www.fpinternational.com is a vehicle through which you can access offshore stock markets. You can start up your investment with a single premium of USD 3000 or a monthly savings plan with a minimum contribution of USD 150/month.
sparkly
#4 Posted : Saturday, December 05, 2009 12:28:58 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Why bother. Stagnated growth in mature markets hence the money goes to isle of man, then is pumped back to emerging economies. Prime picks are the likes of safcom,eabl,kcb hence the 'foreigners are buying' cryies. As an investor at the nse am in the thick of it! I won't incur additional transaction costs to get what i have so that i can say ' i am offshore'
Life is short. Live passionately.
IFA
#5 Posted : Monday, December 07, 2009 5:46:37 AM
Rank: New-farer

Joined: 12/3/2009
Posts: 7
Location: Nairibi
Hey Sparkly,the stocks you have mentioned are prime picks i also have invested in them but as an investor,i think you should try and diversify your portfolio.Why should you put all ur investments in one currency and in one country if you have the option of doing a 50 local n 50 offshore?Besides the returns are very good so you cant really say that the markets are stagnated.
anasazi
#6 Posted : Monday, December 07, 2009 5:55:29 AM
Rank: Veteran

Joined: 6/8/2007
Posts: 675
I've also invested some cash offshort through the monthly savings model. There was a time it took a big hit due to the downturn, but it's coming back up slowly...
Form is temporary, class is permanent
IFA2
#7 Posted : Tuesday, December 08, 2009 5:52:06 AM
Rank: New-farer

Joined: 12/3/2009
Posts: 3
True the more developed markets are picking up slower than the emerging markets. The emerging markets have risen tremendously especially the BRIC ( Brasil ,Russia, India , China)countries. These markets are also considered offshore and investors should take advantage of this.
anasazi
#8 Posted : Tuesday, December 08, 2009 6:35:33 AM
Rank: Veteran

Joined: 6/8/2007
Posts: 675
I get the impression, though, that offshore investment works better for long term. How does it work if, for example, you want to do it short term? Like put in some money for one year? What are the minimums?
Form is temporary, class is permanent
IFA
#9 Posted : Tuesday, December 08, 2009 10:17:42 AM
Rank: New-farer

Joined: 12/3/2009
Posts: 7
Location: Nairibi
@anasazi,yes offshore just like some local investment vehicles works best for a longer duration.However,there is a mutual fund that has a class of funds in which one can get in and invest for a year or less and the minimum investment is $15,000.the best thing about these funds is that you get to choose which countries to invest in,the industries and what percentage to put in every fund.You can also switch funds if the ones you had selected initially are not doing well at no cost!
alvaro-1
#10 Posted : Tuesday, December 08, 2009 3:36:03 PM
Rank: Member

Joined: 6/9/2008
Posts: 10
@IFA2
how are the return on average, say from friends international
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