Carey Olsen advises Sanctum FI LLP on launch of an Artificial Intelligence-powered investment fund

Press Release from Carey Olsen, Friday 19 April, 2024. 

Carey Olsen has advised investment services firm Sanctum FI LLP (“Sanctum”), the investment manager of Financial Science Holdings Limited (“FSHL”), a newly established closed-ended investment scheme based in Guernsey.

FSHL aims to generate long-term capital growth through a diversified portfolio primarily consisting of equity securities and bonds. The investment strategy focuses on enhanced investment performance at low cost through evolving machine learning algorithms. The core algorithmic engine applies machine learning to a wide range of fundamental, price and other data to select undervalued stocks and bonds across a risk adjusted portfolio.

These algorithms are designed to determine a regularly updated portfolio structure and identify and select the component percentage compositions of (primarily stock and bond) securities to optimise compounding long term capital growth for investors. The machine learning algorithms originated from extensive research and development into algorithmic trading using artificial intelligence with very large processing capabilities.

16 February 2024

US: US, five European countries extend truce over digital taxes until mid-2024

The U.S. and five European countries agreed on Thursday to extend a trade truce over digital services taxes for six months to buy more time for negotiations on international taxing rights over large,

Read More
26 February 2024

CHINA: China and EU Banks Forge Ahead with Green and RMB Initiatives

In a world where the economy’s color is increasingly turning green, a recent seminar in Luxembourg has brought to light a burgeoning partnership that could redefine the global financial landscape.

Read More
29 January 2024

GUERNSEY: Guernsey-based Funds Channel Additional £13 billion into UK Economy

Press Release from Guernsey Finance, Monday 29 January, 2024.  The contribution that Guernsey’s finance sector makes to the UK economy has been highlighted in research conducted by Frontier Economics

Read More
31 July 2024

US: Kamala Harris Wants to Impose a National Wealth Tax

Vice President Kamala Harris is on record in support of a national wealth tax. In March, the Biden-Harris Administration released its official Fiscal Year 2025 budget proposal which calls for the

Read More