Castlestone Management will be making its Dublindomiciled fund available on the system using State Street as its administrator.
Max Wright, CEO of EMXCo said:
âThis 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. I am delighted to welcome Castlestone Management to the EMX Message System.â
Angus Murray, founder and joint CEO of Castlestone Management, said:
âOur partnership with EMXCo will enable us to open up the exciting commodity universe to more investors.â 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.