Arch offshore fund values plummet

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The value of Arch's entire offshore fund range slumped between 10% and 40% in the days leading up to...

The value of Arch's entire offshore fund range slumped between 10% and 40% in the days leading up to its onshore fund suspension. Arch's 22 Guernsey-domiciled offshore portfolios, which include three cru vehicles, saw their values plunge between 11 and 13 March after most of the vehicles enjoyed relatively smooth performance in the previous months. The Arch Real Estate fund saw its value fall by nearly 40%, while funds which should have no correlation to each other, such as the Arch Global Forestry and Arch Fine Wine, dived by about 10%, according to Trustnet. Investment Week and IFAo...

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