Castlestone Management has rolled out an exclusive share class for Friends Provident International’s (FPI) Aliquot Gold Bullion mirror fund, where physical gold is allocated and held separately for investors, The Asset reports. In the new share class, FPI clients will have their allocated physical gold bullion held in specific accounts at HSBC and Barclays in London for the full duration of their investment.
The fund will be available through the Friends Provident International mirror fund range to FPI clients in Asia, Africa, Europe (excluding the U.K.), Latin America and the Middle East. Castlestone will support FPI in its local sales and marketing support across these regions.
Click here for the story from The Asset.