Société Générale Asset Management is streamlining its UK fund range, merging four funds into two. T...
Société Générale Asset Management is streamlining its UK fund range, merging four funds into two. The proposed changes will take effect from 29 August, subject to shareholder approval, with the £50m UK Concentrated fund merged into the £100m UK Growth. Head of UK equities Hari Sandu will remain in charge of the merged UK Growth fund. SocGen is also planning to amalgamate its £80m UK 350 fund with the £14m UK Specialist 350. The merged vehicle will be renamed SG UK Active 350, with David Benson retaining the mandate. SGAM said as more retail investors are chasing high alpha, it mad...
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