Stockbroker Collins Stewart is launching two onshore funds of funds based on existing portfolios run...
Stockbroker Collins Stewart is launching two onshore funds of funds based on existing portfolios run by Collins Stewart Asset Management in Guernsey. The two funds, which open on 10 September, are the Collins Stewart Growth and Balanced portfolios. Each will hold between 15 and 20 underlying funds. An income fund will be added in the coming months. Collins Stewart Growth, an international portfolio, will start with 82% in equities, 8% in fixed interest, 4% cash and 6% specialist. Some 42% will be allocated to the UK. Collins Stewart Balanced, also invested globally, will be 34% fixed...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes