Iveagh Wealth fund begins daily dealing

Iveagh, the Guinness family office and private investment house, is to move its Iveagh Wealth fund to daily dealing with effect from 1 August 2009.

The move will allow financial advisers access to the fund via the onshore bond market and fund platforms. It will be implemented across all legacy share classes.

"Not only will daily dealing increase the liquidity and transparency of the fund, but it will also ensure better access for investors via the onshore bond market and wrap platforms," says Marie-Laure Humbert, head of marketing and client relations, Iveagh.

"The fund's wealth preservation strategy is very attractive to financial advisers and wealth managers many of whom have emphasised the importance of platforms in the recommendation and implementation of investments for client portfolios."

The fund is currently available on Transact as well as a number of life office platforms, while details of the fund can be found on Trustnet.

Iveagh Wealth, launched in September 2008, invests across all global asset classes and targets an annual return of 10% over the long-term.