Fund management company Bridge Asset Management decided in October 2007 to base its middle and back office and trading execution in the Isle of Man. The fund advisor will be based in the Mayfair head office. The company is one of the first to adopt the model being advocated by the island as part of its new fund regime.
Bridge Asset Management was established in August 2007. The company's first fund, Bridge Global Opportunities Fund, launched later the same year. It is event-driven and