Alliance to launch Euro tech fund

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Alliance Capital is to launch its offshore European technology fund on 26 May, aimed at retail and i...

Alliance Capital is to launch its offshore European technology fund on 26 May, aimed at retail and investors seeking long-term capital growth. As first reported in Investment Week, the ACM European Technology Fund is designed to complement the American finance giant's Luxembourg-based range of funds which boasts an International Technology Fund mainly investing into the US, and an Asian Technology Fund. There will be three classes of shares issued in US dollars or euros on the fund, which will be marketed entirely through IFAs and direct on Alliance Capital's website. A-class shares hav...

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