Evelyn Partners’ MPS exits L&G and Artemis corporate bond funds to buy Gilts
On the equities side, the MPS has trimmed down UK exposure
On the equities side, the MPS has trimmed down UK exposure
L&G Asset Management grows revenue by 4%
A total of 15 funds worth over £1bn each accounted for 59.6% of the assets of all funds that underperformed over the past three years
Fund has split its fixed income exposure into four, rather than using a single broad index
The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results
Sparrows makes hire from 7IM