Iveagh, the Guinness family office and private investment house, is to move its Iveagh Wealth fund to daily dealing with effect from 1 August 2009.
The move will allow financial advisers access to the fund via the onshore bond market and fund platforms. It will be implemented across all legacy share classes. "Not only will daily dealing increase the liquidity and transparency of the fund, but it will also ensure better access for investors via the onshore bond market and wrap platforms," says Marie-Laure Humbert, head of marketing and client relations, Iveagh. "The fund's wealth preservation strategy is very attractive to financial advisers and wealth managers many of whom have emphasised the importance of platforms in the recomm...
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