SGAM targets UK investors

SG Asset Management is to increase its offering to UK investors by adding a distributor share class ...

SG Asset Management is to increase its offering to UK investors by adding a distributor share class to 12 of its offshore funds, the Sogelux range. Richard Phillips, joint head of retail at SG Asset Management, said the funds are initially expected to appeal to multi-managers and institutional investors. SG is also liaising with First European Transfer Agent (Feta), which will enable SG to pay commission to intermediaries on the offshore funds. This arrangement is likely to be set up by the end of 2004. The portfolios to acquire distributor status include three bond funds, namely Euro...