Isis has received shareholder approval for its planned August fund rationalisation in which it will ...
Isis has received shareholder approval for its planned August fund rationalisation in which it will merge 22 Friends Provident portfolios into its own retail range. The rationalisation plans will see six existing bond funds reduced to five, as the Friends Provident Global Bond and Isis Worldwide Bond funds are merged under manager Richard Stevens and rebranded as the Isis Global Bond fund. It will invest in sovereign debt. Isis High Income Bond Fund, a cautious former RSA Investments fund invested 100% in investment grade bonds, will continue to be managed by Iain Robinson, who took ov...
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