The Tribune

The Bahamas International Securities Exchange (BISX) yesterday unveiled two more investment fund listings.

Both the Hudson Investment and Arbitrage Fund Ltd, and Fitpart Diversified Strategies Professional Fund Ltd, have completed BISX’s Mutual Fund Listing Process and been added to the exchange’s roster of listed funds.

Hudson Investment and Arbitrage Fund Ltd is a professional fund regulated under the Investment Funds Act 2003, and is incorporated as an International Business Company. This fund is a non-diversified, open ended investment fund, which seeks returns by investing in a variety of instruments and financial products.

Fitpart Diversified Strategies Professional Fund Ltd is also a professional fund that is incorporated as an IBC.

BISX’s chief executive, Keith Davies, said: “We are pleased to add two new mutual funds to our mutual fund listing facility, and are pleased that Credit Suisse Nassau branch has offered our mutual fund listing facility as a value-added service to its clients.”

Credit Suisse’s Nassau branch served as the BISX sponsor member that brought the two Funds to the exchange.

BVC Services is the investment manager for Hudson Investment and Arbitrage Fun, and Credit Suisse AG Nassau is investment manager for Fitpart Diversified Strategies Professional Fund. Credit Suisse’s Nassau Branch has been appointed as the administrator for both funds.