Dominion Fund Management's X Fund range takes a different tack to many funds, combining elements of both insurance companies and fund management firms. Kira Nickerson reports
Insurance companies and fund management firms tend to operate in direct competition, with both generally critical of the way in which the other handles and operates investment funds. From an investor point of view the most notable difference between the two types of companies is that they can only purchase with-profits from a life firm, while a pure fund management house tends to offer more specialist managers and offerings. Guernsey-based Dominion Fund Management attempts to combine the attributes of both these worlds into an investment philosophy, as well as in a fund structure, through ...
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