US firm BBH launches global equity Ucits

New York-based Brown Brothers Harriman (BBH) has launched a Ucits version of its Global Core Select fund, aimed at retail and institutional investors in the UK and Europe.

The Global Core Select fund was initially launched in the US in March and is run by Regina Lombardi and Tim Hartch.

Mr Hartch is also co-manager of the BBH Core Select fund, which invests in US companies, while Ms Lombardi leads the research team.

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The fund holds roughly 30-40 stocks with a market cap of $3bn or more. Its annual charge including expenses comes to 1.15 per cent, BBH said.