Merrill Lynch is considering altering the risk profile of its onshore European Growth fund to bring ...
Merrill Lynch is considering altering the risk profile of its onshore European Growth fund to bring its investment strategy more in line with that of its offshore sister product, Mercury OST European, writes David Griffiths Both portfolios are managed by Michel Legros, although the European Growth fund is currently marketed as a low to medium risk product, while the offshore fund is promoted as high risk. This would not be the first time Merrills has transferred its offshore success onshore. In October 2000, the group launched the UK Dynamic fund, an onshore clone of the offshore MO...
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