Reduce inflation and boost GDP growth
Deal is part of inorganic growth strategy
However, popularity of sustainable funds remains
Charges to be split into component parts: advice, fund, and product
‘Small glimmer of hope’ that recession could be avoided
Part of the portfolio’s sustainable range
Think tank predicts US and European GDP to grow while UK declines
Fund manager to close global targeted returns strategy
MPC in split decision after inflation unexpectedly fell in August
Creates one of the UK's largest discretionary wealth managers