Matrix UCITS platform closes down

Thu Aug 30, 2012

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London-based financial services firm, Matrix, is set to close its Dublin-domiciled UCITS platform later this year.

Matrix UCITS Funds launched just two years ago in May 2010.

It is believed that this is the first dedicated UCITS platform to shut down. At its peak it consisted of four funds and assets under management of more than $230 million.

Being unable to...

ISSN: 2151-1845 / CDC10004H

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