ABN lines up Luxembourg Sicav roll-up fund

ABN Amro has launched a Luxembourg Sicav roll-up fund, which gives investors access to a select group of companies with high performance potential. The ABN Amro Global Leader Fund offers exposure to 22 companies, each one of them voted most likely to lead in its sector by ABN's specialised analysts. By not having distributor status, UK investors are liable to being charged income tax on the fund, hence ABN is not widely marketing it to the UK.