Premier is to merge its £41m UK Mid-250 fund into the £82m Premier UK Growth fund as it moves to streamline its fund range further.
Both funds are currently run by manager Chris White (pictured), Premier's head of UK equities, and the group has decided to combine the sub-£100m portfolios after reviewing its fund range in 2013. Simon Wilson, marketing director at Premier, said: "We took the chance to review our UK growth proposition when Chris White was appointed manager in July 2013. "In line with our aim to offer relevant investment solutions that offer good outcome to our clients, merging these two UK Growth funds into a single multi-cap best ideas fund creates a single larger-growth fund, exciting growth prospe...
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