After WDFA, she formed Exile Films, which was rolled into Studio Mythos when offshore investors took over, leading the studio in a completely contrary direction.

Satellite Asset Management will employ the same strategies, managing money for private and offshore investors, the group said in a statement.

The 1.2 million-square-foot building was bought for $300 million by someone who has been identified publicly only as an "offshore investor."

Uneximbank has a subsidiary based in Cyprus, a popular haven for offshore investors, and the bank has used that unit to make acquisitions, including the purchase of Svyazinvest, the telecommunications company.

With the growing international critical recognition of Marlborough Sauvignon blanc, much of the wine industry has come to be dominated by large firms, owned by major New Zealand companies or offshore investors.

So far this year, they have invested $700 million but account for 41 percent of investments, as buying by institutional and offshore investors has dropped from 20 percent to 6 percent of the market.

"All of us in the hospitality industry have been puzzled by the enormous amounts of money offshore investors are willing to invest in New York properties, but they must have their own set of economics," Mr. Diamond said.

At the same time, market participants have seen ample evidence that the weakening of the dollar discourages purchases of bonds, and even causes offshore investors to sell some of their holdings.

Gartmore management is anxious to assure unitholders, along with investment trust, pension and offshore investors that it is 'business as usual.

"There's still a big gap between offshore investors' appetite for risk and Asia's credit fundamentals," said Stephen W. Berger, managing director of J. P. Morgan's investment banking unit here.