Growing worldwide consumer demand for the caché of designer names has led Swiss firm Dominion to launch a dedicated fashion and luxury goods fund
Growing consumer demand for the latest must-have items, from a Kate Moss-designed waistcoat from Topshop to an Anya Hindmarch carrier bag or a Nintendo Wii, has opened up new investment opportunities in the retail sector. The shopping boom on the High Street has prompted the first dedicated fashion and luxury goods fund called CHIC, slated for launch on 4 June. This vehicle will buy into luxury brands such as Hugo Boss, Tiffany, Ralph Lauren and Apple. Mainstream fund managers are also seeing a burgeoning demand for luxury products. Colin Morton, lead manager of Rensburg UK Equity Income...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
