Crosby takes over Forsyth Funds

Crosby says talks with administrators David Dunckley and Steve Akers, of Grant Thornton UK, were successful and the company will now take control of the funds. Forsyth’s investment management, research and distribution teams will be hired by Crosby. The company also says it has secured the support of key operational and administrative partners to ensure the funds are managed in a consistent way. Forsyth Funds have around $1.2bn of assets under management, invested in numerous strategies and markets. Crosby Capital Partners is an Asia-oriented merchant bank and asset manager and has off...