UK – Jersey based asset management company, Ashburton, has launched two new sub funds within its Isle of Man domiciled Ashburton Global Funds umbrella.
The new funds are the Ashburton Euro Asset Management fund and the Dollar Fixed Income Management fund. Both new funds mirror their sterling based equivalents within the umbrella in relation to investment strategy and return objectives.
Says Trevor Falle, managing director of Ashburton: “With the euro now taking its place as one of the world’s major currencies, there is a growing demand for euro-denominated investments. The addition of these two new funds is in direct response to demands from clients, financial advisers and intermediaries.”