Castlestone To Shut Four Offshore Funds

Castlestone Management is seeking the closure of four offshore funds.

Castlestone Management is seeking the closure of four offshore funds, What Investment reports. The plan comes after a fall in the asset value of the funds. Dublin-domiciled Aliquot Commodity, the Aliquot Agriculture, the Intelligent Portfolio (IQ) Asset Allocation and the Aliquot Precious Metals Ucits are the funds to be closed. The asset manager will also look to wind up the vehicles.

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