Old Broad Street Research (OBSR) has suspended the A rating on the £1.05bn Threadneedle UK fund ahead of talks with new manager Simon Brazier.
Brazier moved to Threadneedle in December, having quit as manager of the Schroder UK Equity fund. He is now co-head of UK equities at Threadneedle, with responsibility for all UK non-income equity products. Former UK fund manager Harrison remains in charge of Threadneedle's UK Equity Income and UK Equity Alpha Income funds. OBSR says it will meet Brazier at the earliest opportunity to discuss his plans for the fund going forward.
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
