New Lloyds Malta range

Lloyds TSB is launching a version of its Equity, Fixed Interest and Money funds in Malta. The range will comprise Lloyds TSB Offshore Funds, Lloyds TSB Offshore Gilt Fund and the Lloyds TSB Money Fund ranges. According to Bron Lysiak, intermediary development manager at Lloyds TSB, the group will target investors from southern Europe and northern Africa, as well as Maltese investors. The newly registered offshore funds are available for lump sum investments of $1,500. The equity and fixed-interest funds offer the option to invest from £100 per month. Clients of the equity funds will pay a...