Mellon lists offshore funds on the Irish stock exchange

Mellon HBV Alternative Strategies has listed offshore versions of its hedged distressed and European event-driven funds on the Irish Stock Exchange. Although this is not the first time the funds have been made available outside the US, Mellon said the move - which is the investment manager"s first listing on the ISE - will improve accessibility to the funds, given that a number of jurisdictions, such as France, restrict investments in non-listed funds. Jonathan Bean, managing director at Mellon HBV, said: "Listing these funds on the Irish Stock Exchange will bring the funds to a wider Eur...