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SocGen and WdB tap into water fund.

Investment Adviser, April, 2008

Byline: Oliver Good

Global fund of water funds will be launched as Luxembourg-domiciled fund in June

Williams de Broe has teamed up with Societe Generale to launch a global fund of water funds.

The vehicle is due to be launched as a Luxembourg-domiciled fund in late June, with a UK onshore version following three months later.

It will invest solely in the purpose-built William de Broe World Water index and will come under SocGen's Lyxor Asset Management brand.

WdB's head of research, Jim Wood-Smith, said Ucits III rules about diversification prevented the firm from ...

 

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