North's John Husselbee is taking over management of the Way Group's MA Growth fund, replacing T. Bailey.
The Way MA Growth fund has been managed by T. Bailey's Jason Britton since its launch in March 2008. Husselbee's North now controls both of Way's MA products, with the manager also running the Way MA Cautious fund since its June 2008 launch. "T.Bailey's business has continued to evolve over the past two years and they now in a position where there is overlap between the products they run and our Growth fund," Way Group sales and marketing director Eddie O'Gorman says. "There is no point in having two similar funds at different groups being somewhat in competition with each other. "...
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