European fund launch by Investec

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Investec Asset Management has launched a pan-European fund to be headed up by Albert Morillo, writes...

Investec Asset Management has launched a pan-European fund to be headed up by Albert Morillo, writes Robert Stock. The portfolio, which is being added to Investec's Dublin-based umbrella, the Investec Select Funds platform, aims at capital growth and will rely on Morillo's concentrated portfolio investment style. Morillo, who works for Black Rock in Edinburgh, was contracted to run Investec's onshore Europe unit trust in April 2000. He was previously at Scottish Widows. Over one year the Investec fund is now ranked eight out of 101 funds in the Europe ex-UK sector to 15 May with los...

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