Morgan Stanley has soft-closed its Global Brands fund to retail investors in a bid to preserve the performance of the top-performing portfolio.
The fund, run by Peter Wright, William Lock and team has become increasingly popular among leading multi-managers - including Jupiter's Merlin team - in recent months. Aiming to outperform the MSCI World...
Cautious asset mix
Net sales down 19%
Sold by majority shareholder Old Mutual
Inherited from SWIP acquisition