Downing is adding a multi-manager fund to its range after finalising a takeover of the MFM SGWM Managed fund and bringing over its former manager Neil Shillito.
The fund will become part of the Downing range on 1 February and will be renamed the PFS Downing Diversified Global Managers fund. The boutique said the new name better reflects its investment style,...
Forcing KIID and prospectus changes
Countdown to 31 October
The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.
Artemis and Woodford
Broadening reach to wider audience