Former DWS manager Nigel Ridge has a retail UK presence again, with BlackRock adding distributor sta...
Former DWS manager Nigel Ridge has a retail UK presence again, with BlackRock adding distributor status to his offshore United Kingdom fund. The £366.7m offering has been hit by an overweight position in financials in recent months, with Northern Rock, buy-to-let lender Paragon and life assurance company St James’s Place all producing significant negative returns. Ridge said he sold most of the holding in Northern Rock in September at a price well above the quarter-end level. He is best-known for his long spell running the DWS Blue Chip fund from 1996 to 2002, joining L&G in 2003 for ...
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