Old Mutual Global Investors is to launch an offshore mirror version of Richard Buxton's £1bn Old Mutual UK Alpha Fund.
The Dublin-domiciled fund will price on Wednesday after the group reported increased demand from international investors.
The launch marks Buxton's (pictured) six-month anniversary of his arrival at Old Mutual.
"Flows into the Old Mutual UK Alpha Fund have been positive since June and assets under management currently stand at £1bn," the manager said.
"We have also received increased demand from our international client base and therefore decided that it was appropriate to provide a vehicle for them to access this strategy."
The Old Mutual UK Alpha fund has returned 30.9% in the last year to 29 November, according to Morningstar, compared to the sector average of 25.8%.
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
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