L&G Investment Management is seeking approval to convert its Far Eastern Trust into an Asian Income v...
L&G Investment Management is seeking approval to convert its Far Eastern Trust into an Asian Income vehicle. The group said the fund currently sits in the Asia Pacific inc Japan sector which has little IFA demand as advisers tend to strip out Japan exposure from its Asian holdings. Head of sales, Ben Waterhouse added that there are currently a small number of Asian Income offerings available and it is appealing to investors in a recessionary environment and can be a cautious play on Asia. “We have been running an Asian income mandate internally since January 2007 as part of another por...
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