Sanne Trust Company Limited has been appointed as Fund Administrator and Registrar to the Amrah Global Opportunities Fund Limited a new expert hedge fund domiciled in Jersey. The fund’s promoter, Investment Services UK Limited (ISUL), the London-based fixed income specialist focused on emerging markets, announced on 1st September 2010 the firm’s launch of a new fund seeking enhanced returns through access to a portfolio of fixed income securities principally throughout the emerging markets.
ISUL’s managing director Ram Melwani recognised the potential for a fund with this profile given specialist experienced advice. ISUL seek to use their experience of the last 15 years as investment advisor for other expert / professional, high net worth clients to apply themselves to the development of their own regulated product. “We have deliberated over the decision to progress into branded funds of our own and took the plunge at the beginning of the year when for us the time was right. In the aftermath of the 2008 Global Credit Crunch, valuations for many quality, growing economies have become compelling, coupled with a historically low Global Interest Rate environment has brought about some great investment opportunities, which typically come about once or twice in ones lifetime. The increasing number of emerging markets opportunities helped encourage us to move forward more quickly but the decision was based on lengthy research and several years useful experience.” said Melwani.
Vernon Breese, new business development director at Sanne said “Not so long ago the launch of a new hedge fund was commonplace but today it is rare and welcome news. Fund launch events of this nature do support the growing sense that there is a gradual return to confidence in the market and the launch of the Amrah fund marks a new chapter in ISUL’s relationship with Jersey as well as with Sanne Group. We wish Ram and his team every success.” For over 20 years Sanne Trust Company Limited has specialised in the provision of bespoke fund administration services delivered by experienced professionals and asset specialists to a worldwide customer base through an international network of regulated businesses.
Vernon Breese. Fund Administration, Sanne Trust Company Limited, Tel: +44 (0)1534 75054913; Castle Street, St Helier, Jersey JE4 5UT; Email: firstname.lastname@example.org