Portfolio plan to launch tech fund of funds

Portfolio Fund Management is to launch a technology fund of funds in the coming weeks, writes Leo Bland. The fund will be run for Portfolio by investment boutique IMS. The key individuals at IMS responsible for the fund will be research director Paul Kim and managing director Richard Timberlake. The list of fund managers for the fund has yet to be finalised although Henderson Global Technology and Scottish Equitable Technology will be among the core holdings. The launch is subject to regulatory approval and the launch date is likely to be at the end of the month or into April. IMS was se...