Charlemagne Cap remodels fund to target retail sector

Professional Adviser
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Charlemagne Capital is set to change the structure of its Magna Europa fund to become a Dublin-domic...

Charlemagne Capital is set to change the structure of its Magna Europa fund to become a Dublin-domiciled umbrella to target the retail market. The first fund to be added is a Russian portfolio, hoped to be available in the new year. The Magna Europa fund is already domiciled in Dublin. However, by changing it to an umbrella structure it will be easier to establish funds in Ireland to target the retail market. The structure will be called the Ollo Umbrella funds. Charlemagne Capital already has a Russia fund, but it is only available to the institutional market. The new Ollo Russia fu...

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