Morley Fund Management has launched the Aviva Funds Absolute Tactical Asset Allocation fund aimed at...
Morley Fund Management has launched the Aviva Funds Absolute Tactical Asset Allocation fund aimed at institutional investors. Managed by Steve Cleal and Adrian Jarvis, the Luxembourg-domiciled vehicle is a global tactical asset allocation fund, which is unitised in structure with daily pricing and is Ucits III compliant. The portfolio's management fees will be 0.75% per annum plus a 10% performance fee on returns over Libor net of fees. Minimum investment required is £600,000.
Developed by industry-wide group
Joined in 2002
'Educate clients' children'
Raised £15m earlier this week
From 8pm Friday 19 October