Amerindo technology fund launch

US investment group Amerindo is to launch an investment trust which invests in emerging technology, writes Jenne Mannion. The Amerindo investment trust, on course to be launched in the UK in February, will be run by Alberto Vilar and Gary Tanaka, who jointly founded Amerindo in 1979. The UK trust will be run along similar lines to the $269m Amerindo Technology mutual fund in the US which looks for emerging tech stocks rather than longer-established equities. The trust is planning to invest mostly in US companies to begin with although there will be a scope to invest in other promising em...