Resolution Asset Management is launching a Pan-European and a European Smaller Companies fund in October.
The fund launches come on the back of the overhaul of the £112m European Growth fund and the restructure of the European equities desk. ResolutionAsset European Smaller Companies fund, a high conviction portfolio, aims to deliver long-term capital growth through a portfolio of 30-50 stocks. The fund, a UK domiciled unit trust, will be run by Ian Ormiston who joined Resolution from Singer & Friedlander at the start of the year. Totally unconstrained, it will have no sector or country restrictions, allowing Ormiston to zero weight sectors where prospects are particularly poor. The fund...
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