RCS - Red Ribbon Asset Mgt - Red Ribbon Fund Management appoints new MD

Deutsche Bank AGAnnouncement

08/06/2021 11:30

RNS Number : 0639B
  
Red Ribbon Asset Management PLC
  
07 June 2021
  
 

                                                              
 
Red Ribbon Asset Management Plc - Appointment of Anthony Frieze as Managing Director of Red Ribbon Fund Management Limited
 
Red Ribbon Fund Management Limited
Anthony Frieze, former director at Dresdner Kleinwort and Deutsche Bank, appointed as Managing Director of Red Ribbon Fund Management Limited, Gibraltar
To drive forward the company's White Label Fund hosting service to global fund/asset managers as a gateway to the UK using Gibraltar's fast, frugal and comprehensive regulatory framework
 
Corporate Update
Red Ribbon Fund Management Limited ('Red Ribbon') is an AIFM, regulated by the Gibraltar Financial Services Commission. The company primarily manages AIFs that offer specialist bond, equity, private equity and property strategies. It is a subsidiary of London based Red Ribbon Asset Management Plc. 
 
 Key Points 
●   As a former director at Dresdner Kleinwort and Deutsche Bank, Anthony Frieze has worked with some of the largest sovereign wealth funds and central banks as well as international investors across Europe, Asia Pacific, and the Middle East.
●  He brings over 35 years of experience in relationship management and product specialist experience to Red Ribbon's new White Label Fund hosting service.
●  The new Red Ribbon White Label Fund hosting service enables fund/asset managers and entrepreneurs to set up a UK-compliant fund from Gibraltar for competitive fees of circa £30,000.
●   Fund managers can use the Red Ribbon White Label Fund service to promote their funds to investors using their own brand name.
●    It offers a hassle-free solution as the set-up, structuring, regulation, and back office operations are managed by the listing experts at Red Ribbon.
 
Statements
"Taking Red Ribbon's experience in structuring, regulation and reporting in White Label Funds enables asset managers to launch a cost-effective fund in as little as ten weeks.
We know our clients want to focus on their core skills of investment management, asset allocation and distribution, and our fund listing service offers a fast route to market that minimises the regulatory burden of setting up a fund." said Anthony Frieze, newly appointed MD.
"We welcome Anthony joining Red Ribbon as a major step forward in our ambitions for our Gibraltar-based business to build its fund hosting and listing services. Our aim is to work with global fund managers to offer Gibraltar-regulated, UK compliant funds using our local licences and expertise." said John Sheath, Chairman of Red Ribbon Fund Management Limited.
 
ENDS
Links - www.redribbon.gi 
Enquiries:
Press: Victoria McDonald - info@pointmarketing.co
Other: Anthony Frieze - enquiries@redribbon.gi
 
 
 
 
 
 
 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
NRASSWFEWEFSELM