Stewart Investors' £8bn Asia Pacific Leaders fund is retaining its position in Hargreaves Lansdown's Wealth 150+ list, despite the announcement lead manager Angus Tulloch will be handing over the reins in July 2016.
Investment Week revealed earlier this week Tulloch is stepping back from lead management on a number of funds, handing over the £8bn flagship product to David Gait and Sashi Reddy. The Asia Pacific Leaders fund will also change to a sustainability strategy, similar to the firm's Asia Pacific Sustainability fund, subject to regulatory approval. However, following a review Hargreaves said the fund will continue to sit on the group's favoured funds list due to Gait's "admirable track record". Laith Khalaf (pictured), senior analyst at Hargreaves, said: "This move is a reshuffle rather...
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