Dresdner ISA bets on treasuries to provide best returns

Dresdner RCM, the asset manager, is betting on UK gilts to provide the stability investors are looking for this ISA season, and is currently promoting a new product that seeks to take advantage of being linked to government coffers. The Gilt-to-Equity ISA offers investors the chance to invest the maximum £7,000 tax-free stocks and shares ISA allowance in gilts, which will then be changed into equities through the following tax year, a Dresdner RCM spokeswoman says. "The money is drip fed from gilts into equities through the year at the discretion of the fund management," she sa...