PSigma launches US Growth fund

The latest product to be unveiled by the firm will invest in US large cap growth stocks, with Abate’s New York-based firm, Centre Asset Management, acting as sub-advisers on the fund. The vehicle, which will launch in mid-October subject to FSA approval, has been created to capitalise on the prospects for US large cap growth stocks which PSigma Asset Management (PSigma) believed were compelling. Ian Chimes, managing director of PSigma, said: “We want to bring new funds out when the investment climate is right. “It’s been a long time since US equities have been as under-owned as the...