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Old Mutual Fund Managers – Global Equity Absolute Return Fund

Old Mutual Fund Managers

Global Equity Absolute Return Fund

Type: Offshore Oeic

Aim: Growth by investing long in global equities and equity related securities while investing short using derivatives

Minimum investment: Lump sum £1,000

Investment split: 100% in global equities, equity-related securities and derivatives

Place of registration: Dublin

Charges: Initial up to 4% , annual 1.5%, performance fee 20%

Commission: Initial 3%, renewal 0.5%

Tel: 0808 100 2715


Henderson profits could halve

Henderson Group has warned that it expects profits to halve for the first half of this year to 25m-28m, including one quarter’s contribution from New Star, down from 50.8m in 2008.


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