Evercore enters retail market with low-cost funds

Evercore Pan Asset Capital Management has launched two new portfolios investing primarily in exchange traded funds.

The Pan Dynamic Balanced and Pan Dynamic Growth funds aim to achieve a combination of capital growth and income by investing in ETFs and similar securities tracking the performance of various asset classes. The funds are currently positioned to protect UK investors from losses in UK government securities and to benefit from any devaluation of the pound. Evercore will present the funds to IFAs and charity investors at a series of roadshow events across the UK throughout March. Both have a minimum investment level of £1,000 for retail investors. All subscriptions received before 30 A...