Portfolio skewed to US

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By James Thorneley The income shares of Global Opportunities split capital closed-end fund, run by M...

By James Thorneley The income shares of Global Opportunities split capital closed-end fund, run by Morley Fund Management, will yield over 9%. The equity portfolio is being run in a similar fashion and by the same managers as the CGU PPT Global Success unit trust. Like the unit trust, the equity portfolio of the split cap will focus on four themes: communication technologies; healthcare and demography; environmental technology; and e-business. Jaco Ardoom and Ad Schellen, who manage the unit trust from CGU's Dutch subsidiary OHRA, will also run the equity portfolio. The unit trust was la...

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