Norwich Union has changed the name of its Portfolio fund to better reflect its investment strategy.
The fund, now called the Norwich Balanced Managed, sits in the Balanced Managed sector. Run by Steve Cleal, the portfolio invests in global equities and bonds. For the year to 20 February 2006 it returned 18.2% bid to bid against a sector average of 19.4%.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes