UK-based Investec Asset Management is to convert its Global Technology fund into a broader global equity offering after 99 per cent of investors voted in favour of the adaptation. It will be re-branded as the Investec Global Dynamic fund and will no longer be restricted to investments within the technology sector. It will still take advantage of technology themes, but increasingly as part of a wider remit. As a result, the fund will be run as an onshore mirror fund to the existing offshore Investec GSF Global Dynamic Fund, which has delivered top-quartile performance with returns of 20 per cent to investors. Investec UK distribution managing director David Aird said: “Technology particularly is now a key part of almost every company’s business strategy and as such our clients prefer to have the flexibility to capitalise on opportunities as they arise across a variety of sectors, and capture this within one fund." The re-named fund will be managed alongside the existing range of 4Factor funds, which includes the Global Free Enterprise Fund, our Global Extension Fund, and the offshore Global Dynamic Fund. Fees in the Global Technology Fund were 1.75 per cent. Fees in the converted Global Dynamic Fund will be 1.5 per cent.