Mercury Asset Management will be overweighting the technology sector in its Global Titans fund, due ...
Mercury Asset Management will be overweighting the technology sector in its Global Titans fund, due for launch on 31 January. Mercury is launching a life version of the fund on the same day as the unit trust, which will be available through Mercury Life products. The fund will be 32% invested in technology stocks, with some 15% in telecoms, 15% invested in financials, 15% exposure to consumer goods and 6% in healthcare. The remainder will be comprised of energy and other commodity shares. Fund manager Charles Prideaux said: "There is a large weighting in IT but this is not a tech fund. ...
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