MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to produce a positive return above overnight GBP LIBOR over rolling 3 year periods regardless of market conditions by investing primarily in interest bearing assets and related derivatives. The Fund targets a return of overnight GBP LIBOR +2.5% (gross of fees) per annum over rolling 3 year periods. While the Fund aims to achieve a positive return and its performance target, there is no guarantee either will be achieved over rolling 3 year periods or over any period of time. There is no guarantee that all capital invested in the Fund will be returned.

Fund Managers

Russell Silberston

Russell is the head of Reserve Management, with primary responsibility for managing active interest rate and currency decisions in developed markets. Prior to joining Investec Asset Management, Russell worked for Cazenove Fund Management where he was a fixed income portfolio manager responsible for sterling treasury management services and UK, US and euro short interest rate forecasts. Before joining Cazenove in 2001, Russell worked for Investec Asset Management where his responsibilities included running multi-currency money market funds and non-sterling short dated cash plus products. Prior to that, Russell worked for Investec Bank where he ran a proprietary trading desk. From 1986 to 1995 Russell worked for Clive Discount Co. Ltd. where he traded a wide variety of on and off-balance sheet instruments. Russell started his City career at Samuel Montagu & Co. in 1982.

Imran Ahmad

Imran is Co-Head of Developed Market FX & Rates at Investec Asset Management. He is responsible for Absolute Return Multi-Asset Strategies, including the Investec Target Return Bond Fund, and is a member of the Foreign Exchange & Rates and Macro research groups. Prior to joining the firm, Imran was a portfolio manager at Aberdeen Standard, and before that he was a portfolio manager at JPMorgan Asset Management. His stint as global emerging markets strategist at Royal Bank of Scotland included periods based in London, China and New York. Imran hold a Bachelor of Science in Computer Science from University of London and a Master of Philosophy in Technology Policy from University of Cambridge. He was a research assistant at Massachusetts Institute of Technology and holds an Investment Management Certificate.