BMO Global Asset Management is to rename its flagship multi-manager funds to reflect their risk profiles following adviser recommendations, while also rebranding a significant number of other mandates.
The firm announced in July it would be renaming its F&C-branded funds with the BMO prefix following BMO's acquisition of F&C Asset Management in 2014. However, the group has used the rebrand as an opportunity to reassess the labelling of its open-ended range and has subsequently revealed 45 funds will change their name (see tables). In particular, multi-manager funds led by co-heads of the multi-manager team Gary Potter and Rob Burdett will see a significant overhaul in fund naming. The £1bn multi-manager Lifestyle fund range will move away from names such as 'Cautious' and 'Balanced...
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