F&C is to launch an ex-UK version of its offshore European smaller companies fund for Sam Cosh.
Cosh (pictured) runs the €354m European Small Cap SICAV as well as the £237m European Assets trust. The new fund will have between 40 and 60 holdings, and invest in the smallest 25% of companies by market cap. The firm said the decision to launch an ex UK onshore OEIC version of the existing fund was made in response to client demand. Rob Thorpe, head of UK sales at F&C, said: "With a successful track record investing in European equities, it was a natural next step for us to enhance our existing range in order to meet client demand. "It was clear from our ongoing conversation...
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