Yorkshire Fund Managers' British smaller technology companies 2 is
extending its offer period until May 31. The fund has raised £6.5m of
its £30m target.
Fidelity's Funds-Network has added BWD Rensburg, Govett Investments and
Rothschild Asset Manage-ment funds to its platform, taking the total number
of funds to 476 from 35 providers.
Exeter Investment Group' profits rose by 42 per cent to £2.45m from
£1.72m in the year to March 31. Funds under management rose to
£1.05bn. Net new business was up to £62m from £17m.
Merrill Lynch Investment Managers has set up a closed-end fund offering an
element of downside protection. The Merrill Lynch defined returns fund
offers inc-ome or capital growth. Income shares will provide 8.5 per cent
gross a year while the zero-dividend shares will return up to 27.75 per
cent at the end of the three-year period.
Threadneedle is running another series of regional investment seminars
this autumn. They start in Glasgow on October 2 and end in London on