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Castlestone To Shut Dublin Fund Range

Castlestone Management is seeking to shut four listed Ucits funds and liquidate its business.

    Castlestone Managementis seeking to shut four listed Ucits funds and liquidate its business,金融时报》reports. The move follows the deterioration in net asset value of the funds lower than a minimum viable amount.

    The Dublin-based firm will be closing theAliquot Commodity(UCITS), theAliquot Agriculture(UCITS), theIntelligent Portfolio(UCITS)Asset Allocationand theAliquot Precious Metals(UCITS)funds. The business will be terminated through voluntary winding up by a member.

    Click here for the story from金融时报》.

    Click here for additional coverage fromReuters.

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