FTSE fund for Thornhill

Thornhill Investment Management has launched a fund that aims to grow capital through the sale of options on its holdings. The Thornhill Premium fund will run a portfolio of between 15 and 20 FTSE 100 stocks and then add value through the pricing of the options it writes. The Thornhill investment team, headed up by Russell Wallis, who is also lead manager on the company's flagship Capital Trust fund, will utilise the research it already generates as part of running Capital Trust, as well as Wallis's own experience in operating in the options market. The product is registered as a Cay...