1st Fusion Asset Management has made an agreement with Stonewood Asset Management to tranfer its 3 ASISA-registered unit trusts that it was owning and managing. This shifting of the funds happens at a time that the parent company of 1st Fusion, Genesis Capital, is in a of bankruptcy declaration and filing .

The resultant of the this undertaking will see the following happening :
- 1st Fusion Diversified Growth Fund will be change to Stonewood Diversified Growth Fund .
- 1st Fusion Guarded Fund will emerge after this transfer as Stonewood Guarded Fund .
- And lastly, 1st Fusion Temperate Fund will be Stonewwod Temperate Fund

Boutique Collective Investment (BCI) will be retained as the administrator of the funds under Stonewood.