Goodman & Co. launches new Bermuda fund

By David Marchant

30 years ago

Topics

Bermuda Investment

Keywords

Dundee Bancorp Goodman & Company Mid-Ocean Global Asset Allocation Fund Mid-Ocean Trust Company Ltd.

Leading Canadian investment firm Goodman & Company, whose parent, Dundee Bancorp, owns a 40 per cent stake in Bermuda-based Mid-Ocean Trust Company Ltd, has launched a new mutual fund in Bermuda.The fund – Mid-Ocean Global Asset Allocation Fund – has an authorised capital of US$100 million and will be managed by Goodman & Company (Bermuda) Ltd, an exempted company which recently began operations on the island. The fund will start with approximately $5 million under management.

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