Tuesday, October 30, 2007

Virgin poised to unveil...

...climate change portfolio

From Fund Strategy:
Virgin Money will launch the first of a series of funds, starting with a climate change fund for retail investors.

The launch will see Virgin outsource the fund's management to GLG, a multi strategy and hedge fund manager, which will be responsible for investment decisions.

The Virgin Climate Change Leaders Fund will be long only and available to investors from January, via the Virgin Money website and phoneline. This is via a distribution deal expected to be announced through the Cofunds platform....MORE