Sterling has added eight fund links to its Isa, bringing the total number of funds available to 64 from 17 invest ment houses. The new funds are Artemis's UK growth, income and UK smaller companies funds, Fidelity's managed international, special situations and Wealthbuilder funds, Framlington's health fund and Henderson's independent growth portfolio.
International Asset Management is to make a public offer of up to $100m (£69m) of shares in its alternative investment strategies fund of hedge funds. The offer will be open to retail investors with £1,000 or more to invest.
Aberdeen Unit Trust Managers is offering a 0.5 per cent discount on its range of corporate bond Isas until July 16. Initial charge is reduced to 3.75 per cent from 4.25 per cent.u Framlington is offering a unit trust investing in zero-dividend preference shares. The absolute growth fund, managed by Stephen Payne, opens on May 14 and will offer a gross redemption yield of 8 per cent a year. Until May 31, the initial charge will be discounted to 4.25 per cent from 5.25 per cent.