French boutique considers Sicav plans
Paris-based boutique Amiral Gestion, that has also presence in Barcelona and Singapore, has plans to establish a Sicav.
Discussing the recent launch of the Sextant Bond Picking fund in the latest issue of InvestmentEurope, Benjamin Biard (pictured), deputy CEO in charge of Amiral Gestion’s business development and marketing, says the firm does currently consider the setup of a Sicav as it has received “several demands for this”.
“The features of a Sicav, whether it is domiciled in Luxembourg or in France, remain interesting for us as they address fiscal issues in certain European countries such as these of the Benelux region.
“A number of measures are being implemented in France regarding French Sicavs’ framework and we closely monitor ongoing changes. We are currently evaluating options between a French and a Luxembourg Sicav,” Biard explains.
More to read about Amiral Gestion’s recent fund launch and development here.