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Threadneedle merges UK funds but AoV shows receiving fund still only rated moderate
Threadneedle is merging its UK Select fund and UK fund as the former has “not attracted significant new investment,” according to a letter seen by Investment Week.
The UK Select fund had assets under management of just £37m while the UK fund stands at £1.8bn. However, the UK fund only has a value score of two stars and a moderate rating, according to Columbia...
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