Teathers entering retail fund market

Professional Adviser
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Two UK equity funds to be managed by Andrew Chapman

Teather & Greenwood Investment Management (TGIM) is to launch its first two retail funds, under an Oeic umbrella, on 1 October. The portfolios on offer are the TGIM UK Equity Growth and TGIM UK Equity Income funds. Both will be managed by Andrew Chapman, who has experience in UK equities through managing the British Aerospace Pension Fund. The two portfolios will hold around 50, predominantly UK stocks. The objective of UK Equity Growth is long-term outperformance of the FTSE All-Share Index, while the objective of the TGIM Equity Income Fund is to achieve an income return in excess of ...

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