Beeson Gregory awaits go-ahead

Beeson Gregory is to apply to the FSA for UK recognition for its Luxembourg-based Sicav, which it wants to use as its fund platform for Europe, writes Robert Stock. The group, a UK investment bank specialising in smaller companies, is looking to launch its first fund, a pan-European portfolio, later this month. Beeson Gregory hopes to get the go-ahead for the Sicav this month from the Luxembourg authorities and will then immediately apply to the FSA. The fund, which is being launched following the acquisition of a team of fund managers from Dresdner, will initially be aimed at the i...