representative for the US dollar offshore and sterling onshore unit trusts of Perpetual, the United Kingdom-based fund management group.

Mr. Robert Pires, who runs BIAS, said: "We're very excited about this relationship.'' Since their inception, eight of the nine offshore unit trusts managed by Perpetual have achieved performance rankings in the top 25 percent by all unit trusts in their respective market sectors, said Mr. Pires.

Also, seven of the nine offshore unit trusts have ranked in the top four and three of the nine were the best performing funds in their respective sectors, he said.

Mr. Pires added: "Perpetual continues to win peer group awards for performance from the financial media.

"They also figure at the top of statistical surveys which assess unit trusts according to consistency of performance.''