Credit Suisse looks west for Pep transfer riches

Investors in the forerunner to the ISA, in other words Peps, are beginning to see a plethora of non-Europe and UK investment opportunities thanks to regulatory changes introduced with the new tax year. One such product is the Credit Suisse Transatlantic Fund, which - like other funds with a US focus - could not be used as part of a Pep investment until April this year because UK regulation only allowed Pep products to be invested in Europe and the UK. Managing director of Credit Suisse Asset Management Ian Chimes - citing AUTIF statistics - said the fact that less than 7% of total fun...