Credit Suisse launches second MM multi-asset fund

The fund will use similar principles to the £50m Credit Suisse Multi-Manager Multi Asset Distribution fund, but with no income or dividend requirement. Credit Suisse has also written to investors in its existing Multi-Manager Incubator fund, with the plan to switch its assets into the new fund. The Incubator fund currently has just £10m in assets under management and Credit Suisse admits the fund is unlikely to grow significantly. Approximately 50% of the new fund will invest in traditional equity and fixed income funds, with about 30% invested in a range of alternative assets – inclu...