CS Multi-Manager revamp approved

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The revamp of the Credit Suisse Multi-Manager funds has been given the go-ahead by investors. Unit...

The revamp of the Credit Suisse Multi-Manager funds has been given the go-ahead by investors. Unitholders were asked to vote last Friday afternoon on converting the Global Bond fund into a Multi-Asset Distribution fund and merging various region-specific funds into wider remitted vehicles. The European, Japanese and North American funds will become part of the International Growth fund while the Asia Pacific fund will merge into the Emerging Markets portfolio. The changes will all take place on 31 August under co-heads of the multi-management team Graham Duce and Aidan Kearney. Duce s...

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