EUROPE - Swiss banking group Julius Baer has a launched a new US Value Stock Fund, aimed primarily at European investors.
This fund - which is handled by MFS International Management in Boston - targets both institutional and high net worth clients who are seeking to an investment horizon of at least three to five years.
The minimum investment level for institutional clients in EUR250,000. The US Value Stock Fund belongs to Julius Baer’s value stock fund product family which includes the Global Value Stock Fund; Emerging Markets Value Stock Fund; Euroland Value Stock Fund, and German Value Stock Fund.
By Madhu Kalia
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?