Twelve leading fund groups are working together to support the launch of a multi-manager fund which allows investors to donate a proportion of the annual management charge to The Prince's Trust.
The Invest & Give fund is a multi-manager product to be run by North Investment Partners CEO John Husselbee, and is supported by Artemis, Aviva Investors, Axa Investment Managers, BNY Mellon, F&C, Ignis, Invesco Perpetual, Investec, J.P. Morgan Asset Management, Martin Currie, Old Mutual Asset Managers and Threadneedle. The fund, which received FSA and HMRC authorisation on 3 July, will invest across asset classes, regions and investment funds, seeking to achieve long-term capital growth on behalf of investors. It will be administered by IFDS. The total annual cost of the fund is 2.25...
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