Coutts has partnered with BlackRock to launch six new funds for its clients and the wider NatWest Group.
The deal is part of Coutts' ongoing strategy to reduce the costs of investing for clients. The new relationship will see the launch of three active funds (US equities, UK equities, Global Investment Grade Credit) and three index funds (US equities, UK equities and Europe ex-UK equities). The Carlyle Group takes majority stake in Calastone The funds will be launched in November, but as yet there are no details available on the fund fees. The Coutts Investment Committee will be responsible for set each fund's investment strategy and all decisions relating to asset allocation. B...
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