Forsyth Partners introduces daily dealing to global property fund
Forsyth Partners has received approval from the Bermuda Monetary Authority to introduce daily dealing for the Forsyth Global Property Fund.
The new dealing structure came into effect on 9 December 2005 and is aimed to increase the liquidity and marketability of the fund of funds, with daily prices available on the Forsyth Partners website and in the Financial Times.
The Forsyth Global Property Fund, which was launched in December 2004 (USD class) with further Euro and GBP asset classes added in March 2005, invests in open-ended investment funds in property related securities providing exposure to different geographical regions and to different types of property including commercial, industrial and residential.
Background notes: Forsyth Partners is an international asset management group with offices in the UK, Jersey, Cape Town, Hong Kong, Zurich, Seoul and Dubai.
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