Collins Stewart Continental European Focus fund will mirror existing guernsey portfolio
Collins Stewart is to launch a concentrated Continental European Oeic fund by the end of March, pending regulatory approval. The Dublin-based, sterling-denominated product, the Collins Stewart Continental European Equity Focus fund, will be a mirror image of its Guernsey-domiciled Collins Stewart European Equity Focus fund, brought out in April 2002. Since launch, the Guernsey portfolio is ranked first out of 86 funds in the offshore Europe ex-UK sector. It lost 13.78% to 31 December, offer to bid, while the sector average fell 26.23%. Like its Guernsey counterpart, the new fund wil...
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