Friends Provident International (FPI) has unveiled three new dollar-denominated funds, Financial Times reports. The Pimco GIS Real Return fund, the Castlestone Aliquot Gold Bullion fund and the Investec GSF Multi-Asset Protector fund have been launched. The Gold Bullion fund is set up by Castlestone for FPI and is 100% invested in physical gold bullion. The mirror funds will seek to guard investors from global inflationary pressures and stock market and currency volatility.
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