Investec Asset Management has moved to limit inflows into its award-winning UK Smaller Companies fund, run by Phil Rodrigs.
The group will stem inflows in order to protect the performance of the fund, after it swelled to nearly £500m in size. The portfolio, which currently has £460m under management, has grown sharply since...
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Zero-tolerance approach to ailing companies
There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers.
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