Credit Suisse has been given the go ahead by investors to change its multi-manager fund range.
Today’s announcement means Credit Suisse’s Multi-Manager Global Bond fund will be re-launched as the Multi-Manager Multi Asset Distribution fund. Also, its Multi-Manager European, Japanese and North American funds will all merge into the Multi-Manager International Growth fund; while the Multi-Manager Asia Pacific will unite with Multi-Manager Emerging Markets. Credit Suisse says it now has a compelling suite of funds to meet retail investor need. Multi-Manager team co-head Graham Duce says this is the right time to make the changes. “In today’s markets where equities have enjoyed a...
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