German fund house to launch in UK

German specialist fund management company DJE, is to further expand into the UK. The company, headed by Jens Ehrhardt, a 6.3bn (£4.33) independent asset manager from Germany, will register its funds in the UK. The group specialises in German and European small- and mid-caps stocks but runs a range of open-ended vehicles including bond funds. The funds to be registered in the UK include UBAM German equity, DJE Absolute, DJE Alpha Global, DJE Global Bond, DJE Gold and Resources, DJE Dividend and Substance, and DJE Real Estate. The Absolute fund, which currently invests 50% of its portfo...