Credit Suisse looks to retail

Credit Suisse First Boston (CSFB) is to launch a hedge fund product with which UK based independent financial advisers can target retail investors early next year.

CSFB vice-president Adam Habib said it would have a single-premium fund that could be included in UK retail Isa and Pep products by the end of the Isa season.

The duration of the fund is likely to be about six years, with CSFB responsible for ensuring that risk is maintained at a low level. Investors' monies will be placed into a fund

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