Orbitex team plans hedge firm launch

Former Orbitex regional sales director Marcus Queree is launching a hedge fund business, Sidera Asse...

Former Orbitex regional sales director Marcus Queree is launching a hedge fund business, Sidera Asset Management, in partnership with Invincible Investment Management (IIM). IIM, which will be the investment manager for Sidera, owns 50% of the company while Sidera Sales and Marketing International (SSMII), the sales and marketing arm of the business, owns the other 50%. The company will be launched on 10 June. IIM, which is British Virgin Islands licensed, was established in 2000 to develop geographical specialist hedge funds. On the alternative investments side of the business, IIM c...