Canada Life is targeting the high net worth market by linking its offshore investment bond to Man In...
Canada Life is targeting the high net worth market by linking its offshore investment bond to Man Investment Products' Man Glenwood fund of hedge funds. As reported in Investment Week last week, Canada Life is aiming to distribute the bond solely through intermediaries to the wealthier end of the market. The minimum investment in the bond is £10,000. Charges for the wrapper will vary but will typically be around 1.5% up front, in addition to annual charges. Andy Marks, UK sales director at Canada Life, said: 'The bond could link to other hedge fund providers in future but we chose Ma...
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