TwentyFour AM to restrict inflows into Dynamic Bond fund

The £735m fund was launched in 2010 and is managed by founding partners Gary Kirk and Eoin Walsh. The firm said it will restrict inflows by increasing the minimum investment size to £50m from May, subject to regulatory approval. The firm first mooted the idea of restricting the fund last September after assets doubled in size to reach £562m, making it the company's largest portfolio. The fund, which aims to provide an attractive level of income along with an opportunity for capital growth, recently benefited from holding Spanish and Portuguese government bonds, which performed strongl...