Morgan Stanley targets uk by adding distributor status to lux sicavs
Morgan Stanley Investment Management is adding distributor share classes to 26 of its Luxembourg Sicav funds in February, making them available to the UK market. This is the second part of a UK strategy, which saw it put retail share classes on 11 funds in May 2005. This second tranche will take the total number available to 37. In addition, the group last month launched a 21-stock unconstrained American Franchise fund, complete with distributor status. This mirrors the approach taken by Morgan Stanley's $6bn Global Brands strategy that has closed due to capacity constraints. Managed b...
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