Euro fund launch
Morgan Grenfell has launched a set of euro-denominated funds specifically targeted at European insititutional investors. Euro Spectrum Funds is a Dublin-domiciled umbrella with 10 sub funds and will be marketed across Europe. The fund will be attractive to small to medium sized pension funds looking for exposure to multiple asset classes and markets and who are un-able to access them through a segregated route. The Euro Spectrum sub funds are split into 'in' country-in-vested funds, covering bonds and eq-uities, global equity (ex-euro) and bond funds, and emerging markets. There are also three country specific funds covering the UK, US and Japan.