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What's New In Investments, Funds? - Hermes IM, Aberdeen Standard Investments, Others

Editorial Staff

4 June 2018

Hermes Investment Management
UK-based , a private investment firm has launched its first secured debt fund. 

The fund is to be the first in a series of diversified investment vehicles that IW Capital is planning to launch over the coming months.

This first fund, which will raise £4.5 million, will primarily target the high net worth and family office market. 

Additionally, it will also be positioned to attract investment from the wider IFA and retail investment arena. 

It will operate for three years, and thereafter there will be a 12-month run-off period. It will aim to pay investors a minimum return of 7.0 per cent per annum, and if returns have exceeded this level at the end of the fund's life, then any income or capital gains in excess of this target future will be returned to investors and IW Capital on a 50:50 basis.