(PRWEB) November 16, 2006
Pacific Continental Fund Management, the specialist fund manager has reported returns on its Film Opportunities Fund of 22.56% since its inception in February 2005 -- far exceeding its target return of 10% growth.
Macbeth, the second project of the Film Opportunities Fund, was showcased during September at the Toronto International Film Festival and filming for the next title, to be produced by Vertigo, commenced in November 6 and has an on-screen target date of summer 2007.
Peter Phelan, Fund Manager, Pacific Continental Securities, says: "Gap Finance gives investors opportunity to invest in the film industry without all of the usual risks associated with it. It offers the potential for risk managed capital growth from an asset class uncorrelated to other investments. The relationship with Vertigo Films will enable the Film Opportunities Fund to identify and access a wider pool of films for investment. We have invested funds into the first project and are in discussions regarding a second."
The Film Opportunities Fund PLC is managed by Pacific Continental Securities Management (IOM) Ltd and was launched in February 2005. The Fund is an open-ended investment company established under the laws of the Isle of Man and invests in gap finance for film.
Notes to Editors:
Pacific Continental Fund Management ('PCFM') was established with the objective of delivering solution-led innovative investment funds. Strengths are derived from a team-based approach and an ability to leverage a wealth of experience through working closely with clients and an extensive network of investment contacts.
The aim of the PCFM suite of Funds is to deliver investment returns which match or exceed the expectations of investors and their advisers. In addition to the Fund range, PCFM also provides bespoke investment management services
PCFM is a division of Pacific Continental Securities (UK) Ltd, authorised and regulated in the UK by the Financial Services Authority to provide investment advice to private investors with a wide range of wealth management needs. It advises high net worth investors on a broad range of investment services, spanning:
· Small Cap Stocks
· Contracts for Difference
· Foreign Exchange
· Futures and Options
For further information, please contact:
Leanne Barnham, Pacific Continental
020 7769 7785
Nicola Pierce, Broadgate Marketing
020 7776 0503