Jupiter, Threadneedle, Premier and ASI funds kicked off FE Approved List

RLAM and Man GLG funds added

Manager moves have led to the majority of funds being kicked off the FE Invest Approved List in its latest rebalance.

Alexander Darwall's resignation led to the Jupiter European fund being ejected from the buy list, Premier Defensive Growth saw Paul Smith's exit in August and Columbia Threadneedle is still reeling from Leigh Harrison's departure as head of equities and co-manager of the Threadneedle UK Equity Income fund. The Aberdeen Standard Investments Short Duration Credit fund was also taken off the Approved List. FE said the challenging market conditions continue to justify the need for low-risk, highly diversified offerings. Research manager Charles Younes said: "With a defensive position, ...