Big name managed portfolios struggle in tumultuous summer

Some of the largest multi-asset funds in the UK retail space have seen performance slump in recent months after they struggled to navigate a difficult summer.

Portfolios such as the £2.6bn Troy Trojan fund, alongside the £870m Miton Special Situations, £4.8bn Jupiter Merlin Income, £3.2bn Newton Managed and £2.9bn CF Ruffer Total Return funds have all fallen...