INVESTORS in Credit Suisse have approved proposals for a revamp of its multi-manager portfolios, including mergers between its region-specific vehicles and the re-launch of its Global Bond fund as Multi Asset Distribution fund. The changes will take place on 31 August.
As previously reported, the group’s European, Japanese and North American portfolios are to merge into its existing International Growth fund, while its Asia Pacific vehicle will be absorbed into Emerging Markets fund (see Credit Suisse to revamp fund of funds range, 24-07-2007). “We're committed to creating, managing and delivering products that are tuned to deliver in the current market environment and beyond,” said Aidan Kearney, co-head of the Credit Suisse multi-manager team. “We're also looking forward to speaking with many of our investors' in person in coming months to furthe...
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