WAY Fund Managers (WFM) is launching the WAY Charteris Gold Portfolio and WAY Green Portfolio funds with Asian and Best Ideas portfolios to come later this year.
The funds will be run by external managers and advised by WAY's recently established Star Chamber of eight independent managers. Its gold vehicle is a long-only portfolio which will predominantly invest in global blue chip gold mining companies, but can also buy mid and small cap stocks. The vehicle can also hold up to 10% in other funds such as ETFs and Gold ETCs. The fund will be managed by Ian Williams of gold specialists Charteris Treasury Portfolio Managers, a discretionary manager set up 26 years ago. WFM sales and marketing director Eddie O' Gorman says: "Gold has been a cle...
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