Friends Ivory & Sime to become Isis

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Friends Ivory & Sime (FIS) will rebrand itself Isis and launch an Oeic with four sub-funds in Septem...

Friends Ivory & Sime (FIS) will rebrand itself Isis and launch an Oeic with four sub-funds in September as part of its expansion into the retail market following its acquisition of the retail business of Friends Provident, writes Adam Lewis. Isis is to offer an Aim Growth fund, to be run by Bill Brown, a UK Smaller Markets fund, managed by Nicholas Malins-Smith, a UK Dynamic fund, which will be run by Rodger McNair and Richard Bell. Later in the year it will launch a fund investing in zeros. The Aim Growth portfolio will be run similarly to the Aim investment trust, for which the goal i...

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