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.

14 February 2025

EU: EU says it will retaliate immediately if Trump imposes new tariffs

Europe will not hesitate to retaliate if Donald Trump imposes any new tariffs, the European Commission and EU national leaders have said, after the US president announced another escalation of his aggressive

Read More
18 June 2024

EU: EU exec proposes new withholding tax rules to attract investors

The European Commission on Monday proposed changes to the way investors pay withholding tax in the European Union, to attract more cross-border trade in securities and help develop the bloc’s

Read More
4 October 2024

UK: Small business tax evasion costing HMRC billions as ‘significant gaps’ persist

Small business tax evasion is costing the state billions of pounds of revenue a year as “significant gaps” in the UK’s tax authority’s strategies persist, a new report has revealed. A National

Read More
6 February 2024

BAHAMAS: Gov’t ‘disagrees’ on IMF’s ‘top 10%’ income taxation

THE Government “disagrees” with the IMF’s assertion that it must introduce a personal income tax targeting “the top 10 percent of earners” and other reforms to hit its 25 percent revenue-to-GDP

Read More