OPM To Float Two New Funds

OPM Fund Management is seeking to launch two new portfolios in May 2011.

OPM Fund Management is seeking to launch two new portfolios in May 2011, Investment Week reports. The EFA OPM Diversified Target Return fund will aim to achieve a return of the U.K. base rate plus 3% per annum, while the EFA OPM Worldwide Opportunities fund will aim to achieve capital growth for its investors.

The target return portfolio will be managed by Ross Henderson and CIO of the group, while Tony Yousefian will oversee the worldwide opportunities fund. Both the portfolios will join the range of six risk-graded portfolios within OPM’s Select Portfolio Management Service.

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