Allianz plans UK fund

Allianz Dresdner plans to offer an onshore vehicle investing in a Luxembourg-based UK balanced managed fund, to be launched in the third quarter. The UK Vision fund, which will feature a 25% global weighting, follows the January launches of Global Vision, investing in global equities and global bonds, and Euro Vision, investing in international equities and European bonds. UK Vision will initially invest 65% in equities and 35% in bonds via allocation to the assets within Dresdner's range of more than 300 investment funds. Curt Custard, head of multi-asset products at Allianz Dresdner...