Merian North American Equity placed under review by interactive investor

Following acquisition news

James Baxter-Derrington
Ian Heslop of Merian Global Investors

Ian Heslop of Merian Global Investors

The inclusion of the Merian North American Equity fund on the Super 60 list has been placed under formal review by interactive investor as a result of Merian's impending acquisition by Jupiter.

No reason to withdraw recommendation was found at interactive investor's (ii) January 2020 annual review, but the recent changes marks a 'red flag' event, instigating a formal review. Alongside the acquisition, co-fund manager and co-head of systems Mike Servant has announced his retirement from the business in June 2020, itself a "red flag" event, ii said.  Ian Heslop will retain overall responsibility for the desk and the global equities funds will be managed using a team-based approach, while Sean Storey, who joined the firm in 2017, will be promoted to head of systems following Se...

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