TILLIT has removed the Ninety One UK Sustainable Equity and Janus Henderson Strategic Bond funds from its platform on the grounds of a potential merger and key people move, respectively.
The decision to remove the £67.8m Ninety One UK Sustainable Equity fund from its platform came after the news that the strategy would seek merger with Ninety One Global Sustainable Equity mandate. According to Sheridan Admans, head of fund Selection at TILLIT, "while mergers do not automatically lead to removal, the significant shift in investment strategy and geographic focus triggered a review by our fund selection team". "Historically, the fund focused on UK-listed companies, providing investors with a regionally concentrated sustainable equity option," Admans added. "However, the ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
