Foreign & Colonial fund launch

Foreign & Colonial is preparing for the launch of a derivatives-based fund this October, following on from the Blue unit trust it brought out earlier this year, writes Adam Lewis. Philip Childs, director and head of UK retail at F&C, said the group is currently four and half months into its five-year business plan after it re-launched its retail division at the start of the year. As yet there are few details on the product but Childs said the group is looking to use derivatives to protect capital and income in its forthcoming launches. Blue was F&C's first unit trust launch in eight y...