UK equity allocations from multi-managers rose to their highest level since the 2016 EU referendum in Q4 2019, according to research from Harrington Cooper, with average exposure to the region having increased by 1.3% to 16.8% compared to the previous quarter.
The firm said it is "no surprise" three UK equity funds with exposure to domestic sectors - JOHCM UK Dynamic, Liontrust Special Situations and Marlborough Multi Cap Income - found themselves on the list of the most commonly-held funds during Q4 2019. The research comes from Harrington Cooper's 'proprietary asset allocation tracker', which monitors the asset allocation of 31 balanced-risk multi-manager funds, whose combined assets under management amount to £10.4bn. New BlackRock Smaller Companies trust manager eschews wholesale changes "[Q4 2019] saw UK equity allocations rise to ...
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