Appian Asset Management will launch a new equity fund at the end of the month, which will aim to raise €25million to €30 million.
A minimum investment of €50,000 will be required and a return of 8 per cent annum is expected. It is higher-risk than Appian’s main Value Fund, which invests in a range of assets.
Appian believes that equities will ‘‘become the asset class of choice’’ over the next five to...
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