Surrenda-Link to manage RSAIFS TEP

Royal & Sun Alliance International Financial Services (RSAIFS) has launched a fund investing in traded endowment policies (TEPs) and property. The fund is under the discretionary management of Surrenda-link, the TEP market-makers. The investment objective of the fund is to achieve long-term capital growth with a low risk profile and low volatility. Surrenda-link already advises 10 offshore and UK funds with total assets of £400m. According to RSAIFS, these funds have achieved a 12.4% per annum return over eight years to 31 May 2000. The property advisers to the fund are Keningtons Chart...