GMO Woolley launching Oeic with six sub-funds

Independent value fund manager GMO Woolley is to launch a Dublin-based Oeic with six sub-funds, with a view to offering them to retail investors. The range, which comprises UK Equity Value, UK Equity Core, UK Equity Small Cap, World ex-UK Equity, US Equity Core and Emerging Markets Equity sub-funds, will initially be aimed at institutional investors. The company also has plans to launch a further three sub-funds covering Europe and global equity markets. The new funds, which have a quantitative management process, aim to outperform their benchmarks by an average of 2% a year by follow...