Premier's Mike Jennings has defended the performance of his Global DSR long-short fund, which has had a disappointing start since inception in May this year.
The vehicle aims to achieve CPI+4pc over a rolling 3 year period, but has so far raised just over £3.5m, and returned minus 5.6pc (bid-to-bid, according to Lipper, 05.09.08). However, according to Jennings,...
60+ £300bn ISA savings
Total funds on list rise from 26 to 58
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Q2 net sales dropped almost 50%