The Swiss-based hedge fund has launched an IT research and development company in Sofia, Bulgaria, where labour costs are cheaper and the skill-base is plentiful.
The company, named Insch Quotient (IQ), has been established to develop and offer a number of financial service products to the growing IFA, family office and institutional marketplace.
The new products will include web-based administration services, asset allocation and hedge fund/fund of funds research.
The initial marketing focus an
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