Another Bermuda website is offering offshore hedge fund trading over the internet. PlusFunds.com and the Bermuda Stock Exchange have entered into a joint venture to offer real time information on hedge fund performance and online hedge fund share trading.
The new electronic market will be called Global FundTrader Plus and will operate 22 hours a day, six days a week, when it goes online in March. The aim of the website is make the hedge fund sector less of an alternative investments market and more like the mutual funds market with a strong secondary trading market.
"Our joint venture with the BSX takes a giant step toward bringing the hedge fund market place to maturity," said Chris Sugrue, PlusFunds co-founder and chief executive officer. "A worldwide audience of accredited investors will have access to easily tradable hedge fund shares."
PlusFunds.com offers real-time information on hedge fund net asset value through its website and relative risk assessment of hedge funds through international ratings agency Standard & Poor's.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment