Royal & Sun to expand fund range

Royal & Sun Alliance is to launch the UK Prime Fund on the 30 April 2001 and is planning to roll out a series of actively managed funds with concentrated portfolios, writes Fiona Henderson. The proposed range will include the International Prime Fund, the European Prime Fund and the North American Prime Fund. The exact details of the focused fund range is not yet finalised but should be in place by the Autumn of this year, said Robert Matthews, managing director institutional and retail funds at Royal & SunAlliance. The first in the range, UK Prime Fund, is to be managed by Mike...