The widening of fund rules as part of the UK adoption of the EU product directive will add to produc...
The widening of fund rules as part of the UK adoption of the EU product directive will add to product development in the retail market. Jeffrey Mushens, an investment and marketing consultant, said the advantage of mixed funds is that they offer additional flexibility in management and product development. For example, he said, if a fund manager was seeking exposure to technology but did not have the expertise in this area, he could invest in another collective or several in order to gain that exposure. Nick Wells, product and communications director at Artemis, said mixed funds will...
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