The stage is set for alternative funds: Coral Portfolio
The 1998 financial crisis in Asia and Russia threatened the whole world economy. Latin American countries defaulted on debt and stock markets globally nosedived, says John Kennedy, chief executive at Coral Portfolio.
GSA Coral Portfolio S.C.A. SICAV-SIF is managed by GSA Coral S.à.r.l., both of which are incorporated under the laws of Luxembourg, and regulated by Commission de Surveillance du Secteur Financier (CSSF) as a multi-compartment Specialist Investor Fund. The fund is approved as an internally-managed alternative investment fund under AIFMD in Luxembourg. The change of name to GSA Coral received regulatory approval on the 29th November 2016 and shareholder approval on 27th February 2017. GSA Coral Portfolio is a collective investment scheme under FSMA, Section 235 and received HMRC status as a Reporting Fund in 1 January 2012.
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