Bank of Bermuda promotes multi-manager fund

Bank of Bermuda (BoB), best known in Hong Kong for its trust and wealth management services, held a roadshow here on Monday evening to present its multi-manager fund to potential institutional and private banking clients.

BoB the staff actually referred to one another as Bobs during the cocktails following the presentation has on offer an existing $1 billion fund of fund managers, as opposed to a fund of funds. It launched in May 1999 as the All Points Multi-Manager fund but has only just received authorization from Hong Kongs Securities and Futures Commission, hence this weeks formal unveiling.

The 'fund of fund managers' concept is best known as a Frank...

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