UK investment house Gartmore has gained authorisation for the public distribution of its SICAV range of funds in Belgium and Germany.
The funds - open to both institutional and retail clients - have already been approved Austria, Norway, Finland and Sweden.
Patrick Van de Steen, Gartmore’s head of retail for continental Europe, said: “These authorisations are a further step to building a full pan-European product offering and broaden our client base on the continent.
He added: “Our aim is to be a partner to increasingly pan-European distributors. The authorisation process continues in several more European countries.”
Gartmore’s SICAV range is denominated in Euros and currently comprises of five equity funds - continental European fund (managed by Roger Guy); pan-European fund (Ann Steele); European smaller companies fund (Jonathan Sharpe and Tamsin Quayle); Japanese fund (Nick Reid); and emerging markets fund (Chris Palmer).
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