BlackRock raids boutique to boost struggling income fund

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BlackRock has poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.

Wharrier, who joined the boutique in 2004, is currently co-manager on NewSmith's flagship UK Hedge fund, a long/short equity strategy investing primarily in the FTSE 350. He also co-manages the group's...

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