Summary
ROYAL Bank of Scotland yesterday announced plans to push into the UK retail fund management space with the launch of two new funds aimed at "mitigating risk" in one of the largest managed fund sectors.
It said its new Volatility Controlled Cautious Managed Fund and Volatility Controlled Balanced Managed Fund aimed to manage volatility and keep this markedly below sector averages, while "delivering growth over the medium to long-term".See the full content of this document
Extract
Rbs Launches Funds Aimed at Taming Volatility
The bank, which is 84%-owned by the UK taxpayer, said it would differentiate its new offerings...
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