UK ISA account with MENA, Japan and US access.

August 29, 2008 1:39 AM

I want to use up my UK ISA allowance investing in Japanese, American and Middle Eastern shares, anyone know of a good service provider?

Spread betting places are also fine. I'm a fund manager professionally, just never got around investing any of my own money!

posted by Mossy to Work & Money (4 answers total)

Are you looking to invest in direct equities and not unit trusts?
posted by triggerfinger at 2:21 AM on August 29, 2008

Here in the UK I've got my ISA with Fidelity, simply because I have an account relationship with them in the United States. I found out after the fact that they're different companies but the experience is the same - absolutely no problems.

Like many ISA providers these days, they run a Funds Supermarket so if you don't like a Fidelity branded offering you can pick something more appropriate.

I haven't kept up with their policy on front end loads - when I initially opened my account they were waiving it to attract business - so its best to ask rather than get a nasty surprise.
posted by Mutant at 3:44 AM on August 29, 2008

Response by poster: Direct equities would be ideal, to be honest it doesn't even have to be an isa as I won't be going over the capital gains tax limit (well, unless I do really well!).
posted by Mossy at 7:00 AM on August 29, 2008

Just keep in mind that there are limits on what you can invest in within an ISA. Mainly, you can only invest in shares that are listed on a Recognised Investment Exchange, which may or may not limit you, depending on which companies you want to invest in. You also cannot hold AIM or Ofex shares unless they are dually listed on a RIE.
posted by triggerfinger at 10:32 AM on August 29, 2008