Skip to main content

This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

BSX Approves Listing of the BIAS Global Portfolios, SPC

HAMILTON, BERMUDA – 18 April, 2013 - The Listing Committee of the Bermuda Stock Exchange ("BSX") announces the approval of the listing of the BIAS Global Portfolios, SPC (the “Fund”) effective from 1st April, 2013.

BIAS Global Portfolios, SPC was incorporated in the Cayman Islands as an open-ended mutual fund company and four classes of the family of funds, namely the US$ Segregated Portfolios of the BIAS Global Equities Fund; the BIAS Global Balanced Fund; the BIAS Global Dividend Income Fund; and the BIAS Short Duration Income Fund have been admitted for listing on the BSX. The Fund is offered and managed by Hamilton, Bermuda based Bermuda Investment Advisory Services Limited ("BIAS")

The purpose of the Fund is to provide investors with the opportunity to invest in one or more professionally managed Portfolios in order to achieve an optimum return from the capital invested. For this purpose, the Fund offers several Classes of Shares, each of which has a distinct investment objective.

Appleby Securities (Bermuda) Ltd. sponsored the listing.

Greg Wojciechowski, President & CEO of the BSX stated: “On behalf of the BSX, I would like to congratulate BIAS on the approval of its Fund's BSX listing and am delighted to welcome another Bermuda investment company's family of funds to the BSX. Despite the economic challenges we currently face, the BIAS funds are an excellent example of the vibrancy and depth of the Bermuda investment advisory industry and they are in good company, joining over 300 prestigious fund structures which have chosen the BSX as their listing venue. The BSX is the leading offshore fully electronic stock exchange platform and we are proud to be able to offer our clients a full range of listing, trading, clearing and settlement and depository support. We look forward to working with BIAS and wish them continued success.”

Mr. Mark Melvin, Chief Operating Officer and Director of Bermuda Investment Advisory Services Limited (BIAS), commented, “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 very smooth exercise.

“All of the four classes of BIAS funds have been listed on the Cayman Islands Stock Exchange since inception and the intention has always been to list the funds on the BSX thereafter to show our support for Bermuda, Bermuda’s capital markets and the Bermuda Stock Exchange.

“We have participated in the BSX’s securities depository since its inception and we look forward to deepening our relationship with the Bermuda Stock Exchange in the years to come.”

For further information on Bermuda Investment Advisory Services Limited (BIAS), contact either Mark Melvin or Robert Pires at (441) 292-4292 or info@bias.bm . Further information may also be found on www.bias.bm . BIAS is licensed to conduct investment business by the Bermuda Monetary Authority and registered as an investment advisor by the Securities and Exchange Commission. BIAS is also a pension plan administrator in Bermuda authorized to operate by the Bermuda Pension Commission.

For further information on BIAS Global Portfolios, SPC contact: Ms. Ellie Green at (345) 943-0003 or info@bias.ky . Further information on the funds may also be found on www.biasglobalportfolios.com