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Societe Generale Asset Management – SGAM AL Equity Fund: Renisance Institutional Equity

Societe Generale Asset Management

SGAM AL Equity Fund: SGAM AL Equity Fund: Renisance Institutional Equity

Type: Sicav

Aim: Growth by investing in US equities and derivatives

Minimum investment: Lump sum £1,000

Investment split: 100% in US equities and derivatives

Place of registration: Luxemburg

Charges: Initial up to 5%, annual up to 2.5%, 10% performance fee

Commission: Subject to negotiaiton



CHL Mortgages launches commercial lending arm

CHL Mortgages has launched a commercial lending division.CHL Commercial will offer intermediaries a competitive range of commercial lending products with a one per cent uncapped procuration fee. It will target commercial investment owner-occupied trading entities and larger houses in multiple occupation residential units.CHL Commercial will take a self-certification approach on loans to £1.5 million and […]

Fidelity launches EMEA fund

Fidelity is to target developing nations across three continents with the launch of an emerging Europe, middle East and Africa fund.

Banks risk breaching confidentiality laws through HMRC offshore crackdown

A leading law firm is warning banks may risk breaching confidentiality laws in offshore jurisdictions if the HMRC forces them to supply customer information as part of its investigation into offshore tax evasion.HMRC has the power to apply to the Special Commissioners of the tax tribunal for permission to serve a notice on banks requiring […]


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