Millions of pounds from the Queen’s private estate has been invested in a Cayman Islands fund as part of an offshore portfolio that has never before been disclosed, according to documents revealed in an investigation into offshore tax havens. The details of the Queen’s offshore dealings come from a leak of 13.4m files from two offshore service providers and the company registries of 19 tax havens. “The Dover Street investment was bought in 2005 and forms only 0.3% of the total value of the duchy. The duchy investment in Brighthouse is through a third party and equates to £3,208,” it said. “We are not aware of any tax advantages to the duchy in investing in offshore funds.

Source: The Guardian November 05, 2017 18:00 UTC