US firm Ivy Global Investors is making a number of funds available to UK investors in a UCITS structure, following several groups making similar moves last year.
The US house, a subsidiary of Waddell & Reed Financial which is listed on the New York Stock Exchange, has added three new funds to its UCITS umbrella, bringing the total number of vehicles to eight. Investors in the UK, and on a global basis, will now be able to access its Balanced, Emerging Markets Equity and Energy funds. Jeffrey Toussaint (pictured), head of business development at Ivy Global Investors, said: "Each of these products addresses distinct investor needs and is indicative of the breadth of Ivy's investment management capability. These funds allow us to further meet the...
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