The company, PacRe, was set up in 2012 by the hedge fund manager John Paulson, but has stopped writing policies as scrutiny of these offshore tax strategies rises. #OffshoreBankingBusiness Source
Best High-Interest Savings Accounts to Keep Emergency Fund In ift.tt/2MXAsF6 Living Saving Money Source
PM sold stake in Blairmore investment fund, which featured in Panama Papers, for £31,500 four months before entering No 10 Source
David Cameron admits he profited from father's offshore fund | News | The Guardian Source
A mutual fund is a collective investment that uses money from different people and invests it on their behalf. Unit trusts are registered investment companies that buy specific stocks, bonds or other securities found in a particular sector or industry. These units of the trust are then sold to the investors. Trusts are considered low risk and low return investments. There are many differences between the two, the most notable is that, funds are actively managed while unit trusts are left to grow on their own.The annual operating costs are lower for trusts than they are for funds. In addition, trusts have sales charges, entrance and exit fees which are not applicable for funds. The fund managers are able to buy and sell shares regularly. However, this can only take place when the transact...