The Endowment Growth Fund, run by traded endowment policy market makers Policy Plus, is favouring li...
The Endowment Growth Fund, run by traded endowment policy market makers Policy Plus, is favouring life offices including Clerical Medical, Standard Life and Norwich Union in its portfolio. The fund invests in the with profits endowments of various life companies and has around 19% in policies issued by Clerical Medical and some 16% exposure to Standard Life. It also has around 12% in Norwich Union endowments and approximately 15% in endowments based on the Royal Insurance with profits fund, now part of the Royal & SunAlliance group. Legal & General endowments make up just over 7% of the ...
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