Investec has launched a credit strategy in the form of an open ended investment company (Oeic) for UK investors intent on both yield enhancement and capital preservation, the fund provider has said. The Investec Global Total Return Credit fund includes JLT Investment Solutions as a seed investor. The portfolio will seek out investments across the […]
French boutique DNCA Investments, affiliate of Natixis, pursues its conquest of the UK market with the launch of its first onshore open-ended investment company (OEIC) with the DNCA European Select Equity Fund. The launch of the OEIC seeks to demonstrate DNCA’s long-term commitment to the UK market. The fund will invest at least 80% of […]
UK based manager Artemis has opened the offer period for three new US open ended investment company (OEIC) funds, pricing shares at £1 each until 22 September. The three funds are Artemis US Equity Fund and Artemis US Select Fund, both managed by Cormac Weldon; and Artemis US Extended Alpha Fund, managed by Stephen Moore. […]
Investec Asset Management has scrapped the initial charge on its UK Open Ended Investment Company (OEIC) fund range, which includes high profile funds such as Alastair Mundy’s Cautious Managed portfolio.
The use of performance fees by unit trusts and open-ended investment companies (OEICs) declined in recent years. Research by data provider Lipper found that while many funds closed or merged, the number of new fund adopting such fees fell dramatically.
Index-tracking funds, or tracker funds, showed their highest ever sales over a quarter in the first quarter of 2011, indicating a move away from active fund management by UK investors, while funds of funds grew more popular, particularly those invested externally.