Fund research service The Adviser Centre has bemoaned the lack of quality new funds being launched as it struggles to expand its ‘Positive Watch' category.
Designed to identify younger funds which can become the giants of the industry in future, the Positive Watch category looks at both brand new products or new mandates for existing managers. One of three lists created by the Adviser Centre and sitting alongside its Recommended and Established categories, the Positive Watch section contains just eight funds in total at present. This compares to the 92 funds which have made it on to the Recommended list, for example. Only two new funds have been added since June, with Alex Savvides' JOHCM UK Dynamic fund added in June, and Henry Dixon...
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