ABN Amro extends fund range

Dutch-based global banking group ABN Amro is adding two specialist funds from its French private bank subsidary Neuflize Gestion to its Luxembourg range. The ABN Amro US and Europe Opportunities funds are absolute return funds that primarily invest in equities but can move to bonds and cash if the managers see fit. They are targeted at investors looking for non-benchmarked returns over a three to five-year time horizon. The funds, which are mirrors of two of the bank's existing French-domiciled portfolios, will be made available to investors initially in Europe and later Asia and Latin A...