KBL Investments acquires Whittingdale funds

KBL Investments, the fund management arm of Brown Shipley and manager of the Solus range of investme...

KBL Investments, the fund management arm of Brown Shipley and manager of the Solus range of investment funds, has acquired four funds from ACM Whittingdale. The deal, completed on 30 November, involves the ACM Whittingdale Short Dated Gilt, the ACM Whittingdale Gilt Growth, the ACM Whittingdale Gilt Income and the ACM Whittingdale Sterling Bond funds. All four will be rebranded Solus and will collectively add in excess of £40m to Solus' funds under management, which now stands at £350m. The Solus range now consists of 15 funds. Solus managing director and chief investment officer Jo...