Deutsche adds tech fund

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By Jenne Mannion Deutsche Asset Management is to launch its New Economy Fund on 9 October, as the f...

By Jenne Mannion Deutsche Asset Management is to launch its New Economy Fund on 9 October, as the first sub fund of its Oeic. The fund will be managed by Clare Flynn. Flynn, a member of the UK equities team at Deutsche, will be supported by a team of 30 analysts in five countries. Neil Jones, acting managing director at Deutsche, said the fund will aim to be a low-risk portfolio containing safer technology companies. He said: "Most of the companies to make it into the new economy fund would have qualified through our investment process. By definition these are what we believe to be hi...

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