BWD Rensburg looks to include European stocks

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BWD Rensburg is altering the investment strategy on its Equity Growth unit trust to include investme...

BWD Rensburg is altering the investment strategy on its Equity Growth unit trust to include investment in European equities. BWD Equity Growth, which is managed by Mark Hall, is looking to build up its exposure to European equities to around 15% over the next 12 to 18 months. The fund will not need to alter its investment remit for the time being, however, as its remit already allows up to 20% to be held in overseas equities. If exposure approaches 20% then the group would look to get unitholder approval to alter the fund's remit. The move is being made as the group believes it is beco...

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