View more on these topics

Matrix Money Management – Matrix Bastion Fund

Thursday, 10 October 2002

Type: Fund of hedge funds

Aim: Growth by investing in the Tremont market neutral fund

Minimum investment: Lump sum £10,000

Place of registration: Dublin

Investment split: 100% in the Tremont market neutral fund

Charges: Initial 4%, annual 1.9%

Commission: Initial 3%, renewal 0.4%

Tel: 020 72920825

Recommended

&#39Tax rewards if you take out PMI&#39

The Conservatives will encourage people to take out private medical insurance and reward those who do through tax breaks, according to Shadow Secretary of State for Health Dr Liam Fox.Speaking at the party&#39s annual conference in Bournemouth, Fox said that in a sensible system, people would be encouraged to go private as it takes the […]

&#39Equitable should transfer WP into unit-linked funds&#39

Equitable Life should go for a second compromise deal with policyholders and transfer all with-profits policies into unit-linked investments, according to analyst Ned Cazalet.The proposals, in his report Life 2002, would allow investors to switch to other fund links or remain in a fund that would initially have the same asset mix as the current […]

AMP bill for Towry Law reaches £135m

AMP has splashed out a total of £135m on integrating and keeping its Towry Law subsidiary afloat last year.Figures revealed by leading industry analyst Ned Cazalet&#39s Life 2002 reveal that AMP has dipped into its ailing Pearl with-profits fund to the tune of another £30m to fund the integration on top of its £75m purchase […]

Final-salary plans show generosity on transfer values

Transferring out of final-salary pension schemes on valuations based on the minimum funding requirement leaves members short-changed but a growing number of schemes are paying more than they are legally bound, a survey shows.Over half of big final-salary schemes are calculating transfer values in excess of the minimum required under the Pensions Act 1995, according […]

Spring has sprung

Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief.  Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place.  And that got me to thinking […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment