IFA firm Falcon Group has launched an OEIC with two sub fund of funds managed by Premier Asset Management.
The funds, Brunel Distribution and Brunel Growth, have been launched under Non UCITS Retail Scheme regulations, granting them wider investment powers in terms of asset allocation than UCITS III portfolios. Each has been launched with £1m seed funding. Piers Denne, head of investment solutions for the Bristol-based IFA, said: “These are exciting times for the group and our advisers. Having created the Brunel funds, it is great to see them go live, be invested in and receive such interest. “We embarked on this to meet the specific needs of our clients. Through employing the fund manage...
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