Monument has asset manager expansion plans

Monument Securities is aiming to expand its operations in the next six to 12 months by bringing in asset managers who are either running or wishing to start hedge funds.

Grant Cullens, CIO at Monument Investment Management (MIM), a wholly-owned subsidiary of financial services firm Monument Securities, said Monument would consider all strategies managers brought to them.

MIM launched a Dublin-listed and Bermuda domiciled pan-European long/short equity hedge fund, its first hedged product, with an