Cassells' fund raises £1m so far

Logie Cassells' comeback portfolio, the CF Richmond Core fund, has now been launched for one month, ...

Logie Cassells' comeback portfolio, the CF Richmond Core fund, has now been launched for one month, having raised just less than £1m in assets. The globally invested fund is now available via the Selestia platform for pension, unwrapped, and on- and offshore bond investments but not Peps or Isas, as the fund reserves the right to move 100% into cash or gilts. In the month to 20 October, the fund is up 0.4% compared with a 3.2% decline in its benchmark FTSE Private Clients Growth index.