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New Fund Manager Gains FSA Authorisation

Orwell Capital, the specialist fund manager, has gained Authorisation from the Financial Services Authority (FSA.) Orwell will provide Fund Management services to investment funds (also known as “Collective Investment Schemes”) and managed account services for professional and institutional investors. Orwell Capital is part of the Orwell Network of Companies.

Franco Mignemi, Orwell’s CEO commented: “We are delighted to announce the start of formal operations at Orwell Capital. Gaining FSA Authorisation for our fund management operations has been a key strategic aim for us for some time. Having a license in the UK in particular highlights to our clients our commitment to quality, compliance and providing an exceptional investment proposition for our clients.”

Orwell was advised by city consultancy Compliancy Services for the management of their FSA application and on-going FSA Compliance issues.