Castlestone Management Plc is the latest fund manager to join the EMX Message System. Castlestone Management will be making its Dublin domiciled fund available on the system using State Street as its administrator.
“This year we have seen an increase in the number of Dublin domiciled funds available on the system and this is due to demand from our distributor clients for these funds,” says Max Wright, CEO of EMXCo “I am delighted to welcome Castlestone Management to the EMX Message System.”
“Our partnership with EMXCo will enable us to open up the exciting commodity universe to more investors,” says Angus Murray, founder and joint CEO of Castlestone Management.
Despite difficult market conditions EMXCo has seen fantastic growth with over 11 million messages passing through the EMX Message System in the first half of 2008, an increase of over 20%on the same period in 2007.
Following strong demand from investors, Castlestone Management has launched its first Dublin domiciled offering, the UCITScompliant Aliquot Active Commodity Fund.