Four funds join the BSX

The Bermuda Stock Exchange continues to go from strength to strength.

Yesterday, the BSX officially welcomed four funds from Bermuda Investment Advisory Services.

Greg Wojciechowski, CEO and president of the BSX, said: “We are delighted to include the BIAS Global Portfolio and its four funds to join the official list of the BSX, the BIAS family of funds now joins over 300 prestigious fund structures which have chosen the BSX as their listing venue. 

“What makes this listing particularly noteworthy is that the funds are managed from the Bias headquarters located in Bermuda and we are extremely proud to support Bermuda’s domestic investment management business.”

Mr Wojciechowski added the BSX is a key component of the financial services industry in Bermuda.

Importance

“To put its importance in context, the market capitalization of BSX domestic listed issuers, which stands at $1.5bn, comparatively speaking represents 25 per cent of the latest GDP figure for the country.”

Mark Melvin, COO and director for BIAS, said: “We are extremely pleased to have brought the four classes of the BIAS Global Portfolios, SPC, to list on the Bermuda Stock Exchange. The support and assistance of the BSX officers ensured that this was a smooth exercise.”