T. Bailey is set to launch a UK Best Ideas fund on 1 October, consisting of 10 equally weighted UK equity offerings.
The multi-manager specialists say the best ideas fund, classified in the IMA UK All Companies sector, will combine fund of funds and conviction investing ideas. T. Bailey sales director Rob McGrath says the product, which is expected to hold 25 to 50 stocks, will complement its T. Bailey Growth fund. “The fund should appeal to those who are looking for a UK equity fund of funds managed by a proven team which offers the scope for growth over the long term,” he says. “It will showcase some of the most exciting UK funds available in the marketplace today in one easy to access product.” Fun...
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