Unit holders have given the green light for the launch of Credit Suisse's new Multi-Manager Multi Asset Growth fund, which has begun trading today.
The fund is run by Aidan Kearney and Graham Duce, co-heads of the group's multi-manager team. It will have an approximate split of 50pc in equities and fixed income; 30pc in alternatives and 20pc in so called 'tactical opportunities'. It follows the launch last year of the team's Multi Asset Distribution portfolio. Kearney said: "We are delighted to offer another multi-asset fund to UK investors and we take it as a vote of confidence from the market that others are following Credit Suisse into the multi-asset space in the UK. With a focus on growth, this new fund allows us to invest in a...
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