Ex-BlackRock, Numis, HL, Frostrow Capital
Melissa Gallagher assumes role
A solar power stock that has soared over 500% year-to- date has boosted Allianz Global Investors' RCM Global Technology trust to top-decile performance.
As data from China shows growth is already slowing, managers assess the government's response and the implications for investors.
The board of the £40m British Portfolio trust has stripped RCM of its role as manager of the trust, following a period of poor performance.
Allianz Global Investors is to rename its onshore and offshore fund ranges in a move which will see it scrap the RCM brand it acquired a decade ago.