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VAM Funds to bring offshore products to UK
Investment boutique VAM Funds is bringing eight offshore funds from its Luxembourg range into the UK as part of its expansion into the retail market, which may interest those looking into investment services.
After receiving assent from the Financial Services Authority (FSA), the group will register seven funds managed by Dreihaus Capital Management and an Asia Fixed Income fund managed by Hong Kong's Enhanced Investment Products.
The typical minimum investment for the fund range is $5,000 (£3,206).
Nigel Watson, global sales director of VAM Funds, said: "The UK has an appetite for alpha generating products and boutique investment management where you can add value.
"The UK also has a large portfolio bond market which is used for tax planning, and this is a segment of the market we are looking to access."
Established in 2001, VAM Funds has a distribution base spanning Europe, Asia, the Middle East, South America and Africa.
Posted by Fiona Beck.
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