Managers of the T Bailey Growth Fund Jason Britton and Richard Martin have sold their holding in the...
Managers of the T Bailey Growth Fund Jason Britton and Richard Martin have sold their holding in the Schroder UK Alpha Plus Fund to invest in Mark Lyttleton's Merrill Lynch UK Dynamic. The £4.3m switch has come after a period of poor performance from Schroders manager Richard Buxton who has produced returns of -4.2% on a bid-to-bid basis in the three months to 4 October leaving the fund ranked 302 out of 304 funds in the UK All Companies sector.
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