Castlestone To Exit U.K. Operations

Castlestone Management will be closing its U.K. business.

Castlestone Management will be closing its U.K. business, FundWeb reports. Earlier this year, the firm had shut down its Dublin-based fund range.

The residual non-Ucits funds managed by Castlestone will be administered from the British Virgin Islands. Angus Murray has been appointed CIO for the firm’s British Virgin Islands operations. He was CEO, Castlestone, U.K., and succeeded by global head of sales Jerry Devlin.

Click here for the story from FundWeb.

Click here for additional coverage from Investment Week.