AJ Bell replaces BNY Mellon Global Income fund in Income MPS and favourites list
Evenlode Global Income added to Income Portfolio
AJ Bell's Ryan Hughes
AJ Bell has removed the BNY Mellon Global Income fund from its favourite funds list and from the Income Portfolio in its managed portfolio service (MPS) following the departure of the managers and some of the team, which it said “has left a very large hole”.
Ryan Hughes, head of active portfolios at AJ Bell, confirmed it had also dropped the fund's 'buy' rating. He said: "The departure of Nick Clay from BNY along with his co-manager Andrew MacKirdy and...
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