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Credit Suisse Asset Management – Credit Suisse Multi-Manager Incubator Fund

Credit Suisse Asset Management

Credit Suisse Multi-Manager Incubator Fund

Type: Unit trust fund of funds

Aim: Growth by investing in a portfolio of investment funds including small funds, new funds and unregulated funds

Minimum investment: Lump sum 1,000

Investment split: 100% in a portfolio of investment funds

Isa link: No

Pep transfers: No

Charges: Initial 4%, annual 1.5%

Special offer: Initial charge reduced to 3%

Offer period: Until September 30, 2005

Commission: Initial 3%, renewal 0.5%

Tel: 020 7426 2929


House prices set to fall this year , says CML

The Council of Mortgage Lenders is predicting modest falls in house prices by the end of this year with a flat 2006 and an average rise of just 2 per cent in 2007. The CML forecast says arrears are on the rise with an increase in borrowers with over three months’ mortgage arrears from 92,000 […]

Incoming Amvescap chief gets 28m deal

Amvescap is giving new chief executive Marty Flanagan a pay deal worth 28m after recruiting him from Franklin Resources. His 450,000 salary is supplemented by a 2.6m performance-related bonus and 25m in shares. The firm, which owns Invesco Perpetual, is rumoured to be the continued target of a takeover by Canadian fund manager CI Financial.

Land ahoy for Cordea Savills

Cordea Savills, the fund management arm of the Savills property services group, has set up a fund which will trade in land. The serviced land investment fund, which has a 25,000 minimum investment, will be more volatile than the firm’s existing Diverse fund and will aim for returns in excess of 15 per cent a […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]


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