RRFM can host all types of traditional funds, offering a full range of strategies in property, equities, fixed income, private equity, venture capital and hedge funds. In addition, by taking advantage of Gibraltar’s advanced cryptocurrency regulatory framework, we can host crypto-asset funds. A regulated and listed fund can be launched in 10 weeks at a fixed cost starting at £25,000.
Listed and regulated bond offerings for entrepreneurs and businesses who wish to raise capital by way of debt via a technical listing on the Gibraltar Stock Exchange - GSX - to finance their businesses.
This is where a fund manager appoints a hosting provider, such as RRFM, to provide all the structuring regulatory, operational support for the launch and through the life of a listed fund. This leaves the investment manager to concentrate on its core competencies of investment management, asset allocation and distribution.
A listing on a regulated stock exchange like the Gibraltar Stock Exchange provides a higher level of investor visibility and increases the potential demand and interest in a fund. Many institutional investors, financial advisers (IFAs) and platforms require all their investments to be made in securities with an assigned ISIN that are listed on a Recognised Exchange or a Multilateral Trading Facility such as GSX.
Gibraltar is a British Overseas Territory with English Common Law as its legal system. It passed a new Financial Services Act in 2019, which increased its already close alignment with the UK’s FSMA financial promotion regime. This created a mini-single market between the two jurisdictions giving current passporting rights from Gibraltar to the UK, making it the only territory on mainland Europe with unfettered access to the UK.
Gibraltar’s regulator, the Financial Services Commission, has built a reputation based on the agility and accessibility of its regulatory apparatus. It is closely aligned to the FCA in its approach to authorisation, supervision and enforcement, in particular in relation to listings on GSX – the Gibraltar Stock Exchange.
GSX is the Gibraltar Stock Exchange which was established in 2014. It offers a technical listing to funds and bonds, which means there is no secondary market or liquidity for investors. Nevertheless, as a Recognised Exchange or Multilateral Trading Facility, there is no limitation on investors investing in instruments listed on GSX. As such, it represents an efficient
We offer a fast-to-market hosting service to launch a regulated and listed fund in 10 weeks on a fixed fee basis, starting at £25,000. Over several years our experienced team has been honed to provide an efficient service taking advantage of the agile regulatory environment and the economies of scale of our operations team. We are able to leverage the established relationships and processes with our lawyers, with GFSC and GSX, while liaising with 3rd party service providers such as administrators and listing member firms on our fund clients’ behalf.
RRFM’s funds in Gibraltar are offered as “cells” of Red Ribbon Strategic Fund PCC (Protected Cell Company), which, as its legal construct suggests, ensures that assets and liabilities of each cell are entirely ring-fenced from those of other cells. This provides legally watertight levels of investor protection against the – highly unlikely – financial failure of another cell.