Merrills adds to Luxembourg Sicav

Merrill Lynch Investment Managers (MLIM) has launched a European equity growth fund as part of its Merrill Lynch International Investment Funds (MLIIF) Luxembourg Sicav. MLIIF European Growth, managed by Olivier Rudigoz, invests in large and mid-cap, pan-European growth style firms and is designed to maximise capital growth in euros. Elizabeth Corley, managing director of MLIM's retail business, said the fund fills a gap in the MLIIF range and complements the European Value fund. 'There are a number of large European companies showing great growth potential and this fund will look t...