Julius Baer launches Luxury Brands fund in UK

The fund gives UK residents access to a portfolio of luxury good brands such as Louis Vuitton, Cartier and Hermès, managed by luxury goods expert, Dr Scilla Huang Sun. Originally launched in Switzerland January 2008, the fund currently has £30m under management and will be marketed through the Julius Baer Investment Products office in London. Investment will initially be open to wealth managers, insurance companies, investment banks and fund of funds. It has an annual management fee of 1.6%. The fund focuses on a wide range of leading luxury manufacturers from sectors such as fashi...