Iimia fund doubles since launch

Professional Adviser
clock

The iimia Accelerated fund has more than doubled in size since its launch on 30 April this year, gro...

The iimia Accelerated fund has more than doubled in size since its launch on 30 April this year, growing from £2m to £5.5m. Managed by chief investment officer at iimia Nick Greenwood, the portfolio is an Oeic-structured fund of investment trusts and presently has 37 holdings. Since the fund went live at the end of April, it has posted growth of 19.9% against an 8.16% increase in the All-Share. During July, Greenwood added, both the Real Estate Opportunities Zeroes (Reo) investment trust and Gartmore Irish were added to the portfolio. He said a core theme he is noticing is the beginnin...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •