Williams de Broë is streamlining its £120m product range and launching two managed funds.
The private client specialist, which bought the asset management business of Singer & Friedlander in October 2008, plans to launch the WDB Defensive and Growth funds in May. The group plans to merge its £15.5m Global Growth, £11.7m Pacific Growth and £11.2m American Growth funds into a new vehicle called WDB Global. It will also combine the £51m UK Growth fund with the £6.58m CF Williams de Broë UK Alpha fund, subject to unitholder approval. It will be known as the UK fund. Meanwhile, the group will change the name of its £7.25m Model Portfolio to the Balanced Portfolio and the £19...
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