Royal London Cash Management is to market its Dublin-based Sterling Liquidity fund to intermedi...
Royal London Cash Management is to market its Dublin-based Sterling Liquidity fund to intermediaries. The Ucits qualifying fund has 'A' shares, which require a minimum initial investment of £15m and an annual charge of 0.1%; and 'B' shares, which have a minimum investment of £100,000 and an annual charge of 0.15%. It will target a 3.4%pa running yield after fees and expenses. The fund is managed by head of cash management Tom Meade and cash manager Charles Heden.
Contact: 020 7506 6629 or visit need name of website
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till