London & Capital to transfer bond vehicles to Fof format

London & Capital will transfer two fixed income portfolios to fund of funds structures by the end of...

London & Capital will transfer two fixed income portfolios to fund of funds structures by the end of the year, with a further launch planned for next year. The firm currently offers the Balanced Bond and Fixed Income Hedge funds, domiciled in the Cayman Islands with minimum investment levels of $50,000 or sterling equivalent. Currently managed by chief investment officer Ashok Shah, fixed income head Sanjay Joshi and senior bond manager Rabbani Wahhab, the latter two are serving notice periods and will leave before the end of the year. Daniel Freedman, joint managing director at L&C, sa...