EUROPE - Martin Currie, the Edinburgh-based independent investment manager, has expanded its Sicav range in a bid to lure more European institutional investors.
The four new sub-funds will be launched on July 15 and form part of Martin Currie’s Global Funds umbrella. The funds are already available to investors in the UK, Germany, Switzerland and Luxembourg. As a result of the launch investors in Ireland, France, Holland, Italy, Norway, Finland and Sweden will also have access to the product.
Allan MacLeod, director of European sales, said: “With new people and processes in place, it is a natural progression for us to expand our range of funds for investors in Europe.
“We have been winning considerable new business in Europe.”
The new funds and their managers include UK Growth, Jeff Saunders and David Urch; International Growth, Alison Hamilton; Pan-Europe, Dino Fuschillo; Greater China, Chris Ruffle. The minimum institutional investment level is US$100,000.
Established in 1998, Martin Currie Global Funds is a Luxembourg-registered, open-ended investment company. Sub-funds currently available are the Japan fund, launched February 1999 and the Global Technology fund launched in April 2000.
Furthermore, investors will be able to invest in a new yen class for the first time in the company’s US$100m Japan Fund
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