A new long/short fund targeting the UK market has also been launched as a Dublin VCC (Variable Capital Company) to facilitate access for investors beyond the UK, Neuberger Berman has confirmed. The minimum for the fund is €2.5m, but it is undertsood that when accessed through platforms this minimum is normally waived and available for around the €1,000 mark or via regular savings. The standard platform rate is 124bps, but there are examples of discounts up to 50% on this fee level, and the...
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