Freedom Expands Its Reach Beyond Europe With Fund Amalgamation

Guernsey-headquartered Freedom Asset Management is expanding its reach outside of Europe with the successful amalgamation of the Somerset Capital Fund with its own Guernsey-based protected cell company (PCC) Opus Global Cautious Fund.

The move brings together Somerset Capital's mainly Canada-based clients with international investment management business Freedom's European client base. It is the intention to build out Freedom's Canadian client nexus and develop new Canadian fund products for the European institutional market.

Thanks to the addition, the combined range of Freedom Opus Guernsey-based funds now exceeds $50 million in assets under management.

Freedom Chief Executive Sandrine Reynaud was delighted to welcome new investors into the Opus Global Cautious Fund.