Raiffeisen looks to add sterling classes

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Raiffeisen Capital Management, the asset management arm of Austria's RZB banking group, is looking to add sterling share classes to its range of eight European bond and equity Ucits III funds.

RCM’s London sales manager Simon Mansell said the group’s range, which is domiciled in Vienna, has been registered in Jersey and the UK since early 2007. The funds are Raiffeisen Euro Bonds, EuroPlus Bonds, Eastern European Bonds, Eastern EuropeanPlus Bonds, European SmallCap, Eastern European SmallCap, Eastern European Equities, Eurasia Equities and Emerging Europe SmallCap. The Eurasia portfolio is broadly invested 30% each in China, India and Russia, with 10% in Turkey, while the Eastern European equity fund is currently overweight in Hungary and Turkey, and underweight Poland and Russ...

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