US long-only equity fund for Isosceles

Isosceles Asset Management LLP, Gary Lowe's London-based US equities investment boutique, is to launch its large cap US long-only equity fund in February 2003. As previously reported in Investment Week, the Isosceles America Fund will be a Dublin-domiciled Oeic with an initial E125,000 minimum investment and annual management fee of 1.25 % plus a performance fee. Evelyn Thornton has also joined the company as administrative officer. Thornton brings eight years' experience from Egerton Capital, including involvement in the operational start-up in its first year of operation.