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Matrix Group – Ascension Fund

Matrix Group

Ascension Fund

Type: Offshore Oeic

Aim: Growth by investing in the Winton futures fund

Minimum investment: Lump sum £10,000

Investment split: 100% in the Winton futures fund

Place of registration: Bermuda

Charges: Initial 5%, annual 2%

Commission: Subject to negotiation

Tel: 020 3206 7222


Witan ups equity and fixed interest exposure

The £983m Witan investment trust has increased its gearing level from zero to 6% to add to its exposure to British equities and fixed income. The global growth trust, which has a multi-manager structure, has added to its UK exposure through a £20m investment into two existing mandates run by Artemis and Marathon Asset Management. […]

Auto-enrol to cut cover gap

Employee auto-enrolment into protection policies combined with tax relief would help close the protection gap, says Association of British Insurers assistant director of health and protection Nick Kirwan.


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