CS UK Growth & Income changes to thematic fund

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Credit Suisse has announced its £78m UK Growth & Income fund will be transitioned into a new thematic-based vehicle.

Following a shareholder-approved restructure, the newly-named CS UK Thematic fund has been repositioned to capture bottom-up theme and trend opportunities. Credit Suisse says the new fund’s objective will be to achieve growth by investing in any stocks, without the need to consider yield. CS UK Thematic fund manager Marcus Hankey says the team will first identify approximately 10 themes and then select the stocks to capture these trends. “We add value to portfolio by taking a non-conventional approach which is not driven or constrained by any index,” he says. “This allows us to avoid a ...

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