Fund Management
UK Asset Manager Launches Liquidity Fund

The fund will be managed by a duo who have worked together for 14 years, and are experienced in running liquidity funds.
UK-based asset manager Canada Life
Investments has launched the CF Canlife Sterling Liquidity
Fund.
The fund is being aimed at institutional investors and will aim
to deliver an enhanced return in comparison to short-term bank
deposits, the firm said in a statement.
It will be led by Steve Matthews, who will be supported by
assistant fund manager Andy Head. Matthews and Head have worked
together for 14 years and already run several institutional
liquidity funds.
“Uncertainty continues to dominate the financial markets and
while equity markets rally, fears over valuations persist testing
the nerves of market participants,” said David Marchant, managing
director. “Against this backdrop, we anticipate strong demand
from institutions seeking a secure vehicle for cash deposits,
offering an enhanced return relative to cash markets, with the
added benefit of daily liquidity. The CF Canlife Sterling
Liquidity Fund aims to meet this demand, enabling investors to
generate a return on their deposits, manage cashflow efficiently
and securely whilst also maintaining the ability to put cash
reserves to play in markets strategically."