Forsyth converts Fofs to target Italy and Scandinavia

Forsyth Partners has converted its Dublin Oeic funds of funds (Fofs) into Ucits vehicles, in order to target the Italian and the Nordic region. The seven Fofs converted include its global range as well as its country-specific North America, Japan and greater Europe portfolios. The group is still awaiting regulatory approval for distribution in the two countries. But, the move would see Forsyth Partners distribute retail products to the Italian market for the first time. Currently, the company only sells institutional vehicles such as hedge funds and structured products in the country. I...