RWC launches new fund


Active investment manager RWC has announced the launch of the RWC Global Horizon Fund, based on the presence of recently-recruited specialist Louise Keeling.
The company said Keeling had been recruited as a partner in April to establish a long-only Global Equity team, having previously worked with Jeremy Hosking at Marathon Asset Management.
RWC said it expected to launch the new product this month, with the long-only unconstrained global equities fund being launched as a Luxembourg UCITS Fund to sit alongside the $2.5 billion RWC already manages across its UCITS Funds.
Keeling said that in launching the fund, RWC was taking an approach which allowed it to make contrarian investments which it believed would create outsized returns for investors.
Recommended for you
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
New Zealand’s financial regulator is following the footsteps of its Tasman neighbours and proposing to conduct a review on improving the accessibility of financial advice and advice business models.