Witan has handed Veritas an £80m global equity mandate after reallocating funds from the US and Japan.
Investors in the F&C Multi-Manager Distribution fund could see their income payouts increase if they agree to merge with the equivalent Thames River vehicle, led by Rob Burdett and Gary Potter.
Skandia's flagship Global Dynamic Equity fund has reached £1bn in size 18 months after launch.
In the latest Conjecture debate, our panelists from OPM and Thames River discussed multi-manager funds.