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.

15 August 2024

US: Hindenburg alleges SEBI chair held stake in Adani-linked funds

New developments have emerged in the Adani-Hindenburg row that began in January 2023 with the release of the first report by the US-based short-selling investment firm Hindenburg Research that alleged

Read More
19 January 2024

US: New Guidance On The Subsidiary Exemption Under The CTA’s Beneficial Ownership Information Reporting Rule

In the two weeks since the Corporate Transparency Act (CTA) went into effect (see our alert here), the Financial Crimes Enforcement Network (FinCEN) has published several Frequently Asked Questions

Read More
6 December 2024

US: Roger Ver moves to dismiss US tax evasion charges as ‘unconstitutional’

Roger Ver argued that the IRS exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.” Roger Ver — also known as Bitcoin Jesus — urged

Read More
11 July 2025

UAE: EU removes UAE from money laundering high-risk list

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE) and Chairman of the National Committee for Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations,

Read More