Charles Stanley to launch unitised collective scheme

Stockbroking firm Charles Stanley is to launch its first unitised collective investment scheme in t...

Stockbroking firm Charles Stanley is to launch its first unitised collective investment scheme in the form of a multi-manager portfolio. Structured as a fund of funds, the portfolio will target actively managed portfolios across all asset classes and in most major equity markets, excluding the UK. The exclusion of the UK market from the vehicle is because the firm offers a stock broking service in domestic companies and is therefore looking to create a collective vehicle featuring exposure in international markets for diversification. Head of investments Shauna Bevan, who is expected t...