Dublin-listed Ucits options fund established by ADM Investor

ADM Investor Services International has established a Dublin-listed Ucits fund, which writes options over indices and stocks to add to its existing investment offerings.

The fund complements its existing private client service doing the same in segregated accounts around high net worth individuals' portfolios managed by Theta Enhanced Asset Management Limited (TEAM).

The portfolio, called Orchard Funds Limited, will aim to hold between 50 and 70 physical stocks, or options on them, out of the 30