Fleming Asset Management is intending to launch two European offshore funds in February. Domiciled in...
Fleming Asset Management is intending to launch two European offshore funds in February. Domiciled in Luxembourg, European Growth and European Value will be managed by Andrew Spencer, head of UK and European equities, and his team. As their names suggest, the funds' portfolios will be biased towards growth stocks and value stocks respectively. FAM is currently seeking regulatory approval to market the two Luxembourg-domiciled funds into the UK. Although product details are not yet finalised, the funds are likely to be targeted at the high-end retail/institutional market. Spencer at FAM s...
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