Fund Manager Uses Derivatives Across UCITS Funds

05 Jul 2007

Sarasin Chiswell, a U.K. wealth manager, is using derivatives in three U.K. open-ended investment companies.

Sarasin Chiswell, a U.K. wealth manager, is using derivatives in three U.K. open-ended investment companies. The funds make use of a European directive known as UCITS III, which allows derivatives to be used for investment rather than just for efficient portfolio management. Sarasin has three different U.K. OEICs: ...

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