L&G is launching its Dynamic Bond Trust into the UK retail market by reducing the minimum investment ...
L&G is launching its Dynamic Bond Trust into the UK retail market by reducing the minimum investment from £50,000 to £500. The unconstrained total return fund launched in April last year, initially focusing on the institutional market to build up a track record and test demand. Ben Waterhouse, sales director of the investment management arm of L&G, said the fund will roll out on to platforms on 31 March as a result of intermediary demand for strategic bond products. Richard Hodges manages the fund, after joining L&G from Gartmore last year. He uses derivatives, such as credit default sw...
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