Ingenious opens UK equity fund to retail market

The minimum investment on the fund will be reduced from £50,000 to £3000 to open the fund to a wider investor base. The fund is suitable for ISAs and pension planning, Ingenious said. The fund, which launched in December 2003, is split between three investment managers who hold exactly ten stocks at any one time. The decision to market the fund to retail investors comes after a series of expansionary moves by the group. In August 2006, Ingenious announced the launch of Ingenious Asset Management International which will offer investment services to clients who wish to have their assets...