Gartmore is close to completing the proposed changes to its multi-manager range. Plans to merge th...
Gartmore is close to completing the proposed changes to its multi-manager range. Plans to merge the two smallest vehicles in the range to create an absolute return fund will be put to the unitholder vote on 31 October. If approved, the changes will take effect immediately. The MultiManager UK High Alpha and Global High Alpha funds will come together to form MultiManager Absolute Return. It will remain a Non-Ucits Retail Scheme (Nurs) and sit in the newly created Absolute Return Sector. The group’s head of multi-manager Tony Lanning will run the fund. Meanwhile the Annual Management C...
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