Resolution plans five Fofs for Fidelity's multi-manager trio

Chris Ralph, Simon Mungall and Jason Collins leave Fidelity to set up multi-manager boutique with Resolution

Resolution is planning five funds for multi-managers Chris Ralph, Simon Mungall and Jason Collins when the trio join from Fidelity later this year. The three signed a deal with Resolution last week and will set up the group's fourth boutique, alongside Argonaut, Cartesian and Hexam. The planned launches will comprise three onshore funds, with balanced, growth and income mandates, and offshore balanced and growth vehicles. Resolution plans to seed the funds with a total of £150m to £200m. The latest boutique, which has not yet been named, will be 50% owned by the three managers and 50% b...