Credit Suisse to convert Fofs to Nurs

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Credit Suisse is to convert its multimanager range to non Ucits retail schemes(Nurs) and its Oeic fu...

Credit Suisse is to convert its multimanager range to non Ucits retail schemes(Nurs) and its Oeic fund range to Ucits III, when it adopts Coll next month. Credit Suisse is also seeking investor approval on proposals to enhance its product range when it adopts Coll, in a move that would allow the Multi-Manager range to diversify portfolios to include other investments such as commercial property and real estate investment trusts. Toby Hogbin, director, product management at Credit Suisse’s asset management business, said: “Property is the first new investment area we are looking at. As wel...

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