Luxury fund is launched by Clariden

Clariden Bank has launched the Clariden Luxury Goods Equity Fund aimed at the long-term private equi...

Clariden Bank has launched the Clariden Luxury Goods Equity Fund aimed at the long-term private equity investor but can also can be for the institutions. The minimum investment will be e1,000. Dr. Scilla Huang Sun, fund manager of the Clariden Luxury Goods Equity Fund which is based in Guernsey, said: "The investment strategy has been driven by bottom-up stock selection and Clariden focuses on four main criteria when choosing companies. "They are the quality of management, the strength of the product position, the financial strength of the company and the valuation." Clariden's investm...