Premier multi-manager

By Jenne Mannion Premier International Investments is to launch a multi-manager global fund by the end of October, subject to regulatory approval. To be called the Premier International Investments Mackenzie (PIIM) Global Select Fund, the portfolio will be a dollar denominated, Luxembourg-domiciled Sicav. The fund, previously reported in Investment Week, will combine the ideas of five investment management teams, which will each select approximately 10 securities, to comprise a portfolio of around 50 stocks. Minimum investment in the fund is $2,500 or $50 per month. There is a 5% initi...