Manx-based health fund hits UK top 10

Friday, 28 October 2016 00:00

A Manx-domiciled healthcare fund now owns the ninth largest care group in the UK after two of its companies merged.

The Montreux Healthcare Fund owns a majority stake in the Regard Partnership, which has merged with the ACH Group.

ACH operates 25 residential services in England, while the Regard Partnership provides care for people with learning disabilities, brain injuries, and mental health issues.

The Montreux Healthcare Fund is managed by Apex Fund Services, based in Athol Street in Douglas.

More from Isle of Man Business

Information Commissioner partners with Jersey

The Island's information commissioner is joining forces with Jersey to understand the data protection challenges faced by organisations.
New parental leave laws approved

Tynwald has approved new legislation about shared parental leave and bereavement leave.
Gambling regulator publishes feedback about proposed law changes

The Island's gambling regulator has published feedback about proposed changes to the Island's laws.
Manx flour to be stocked in Spar stores

Something truly Manx is rising!
Countdown starts to one of the Island's biggest career fairs

The countdown is on to one of the Island's biggest career fairs of the year.
Plans for new health and wellness clinic

A former office in Douglas could become a health and wellness clinic, if planners approve new proposals.
Scam warning for fraudulent bank

The Financial Services Authority is warning people about a website which pretends to be from an Island bank, but is actually run by fraudsters.
Island brings in sanctions to target Southeast Asian crime network

The government has confirmed it's imposing UK and US sanctions to target a major criminal network behind illegal scam centres operating across Southeast Asia.