Canada Life Investments has merged away Canlife General and Canlife Growth - two of the country's longest-running unit trusts - as it restructures its fund range as part of a push into the UK market.
The group has converted the two unit trusts in order to create the CF Canlife UK Equity fund, run by Nigel Kennett and Daniel Monks, after ex-Gartmore man Kennett joined the company in September from Nomura....
The US dollar is close to peaking and the risks now seem to be on the downside.
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