The physically-backed fund Alpcot Active Greater Russia aims to achieve long-term capital appreciation through investing in the securities of issuers based in the 'Greater Russia' region, i.e. Russia and other CIS region states.
At maturity, investors receive 100 per cent of their initial investment, as well as any locked-in returns.
The wrap, set for launch at the start of H2 this year, will allow advisers to white label the product so clients can use it directly.
Kames Capital, which continues to offer ethical equity and bond funds, said more distinctive product ranges – for example, those that employ ‘dark green’ ethical screens to appeal to socially conscious investors – were tending to s
The trust's board has decided to cap the annual performance fee paid, amending it from 4.99% to a sliding scale based on the gross return of the portfolio, including CFDs.
RBS, which is 82 per cent owned by the British government, said yesterday it was cutting up to 300 jobs in its capital markets and cash equities units.
Weil Gotshal is advising administrator KPMG on the high-profile insolvency proceedings, which kicked off late last year and are the first under the UK’s new ‘special administration’ regime set up last year to protect market stability in