BlackRock merges UK fund range as Lyttleton exits


BlackRock is merging its UK Dynamic fund with its UK fund as part of a wider UK equity overhaul as Mark Lyttleton resigns from the group.

Lyttleton (pictured) will hand over his UK Dynamic and UK Absolute Alpha funds at the end of the month, and will leave BlackRock at the end of April. Nick Little, manager of the UK fund, will assume sole management of the BlackRock UK Dynamic fund. Nigel Ridge, manager of the BlackRock UK Equity Hedge fund, will be appointed co-manager of the BlackRock UK Absolute Alpha fund alongside Nick Osborne with effect from 28 March. The UK Dynamic and UK fund merger is subject to FSA and unitholder approval. Existing investors in the UK Dynamic fund will have the opportunity to switch in...

To continue reading this article...

Join Investment Week

  • 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

Join now


Already an Investment Week


More on Industry