Fund to be renamed Edinburgh Portfolio and retain London offices and staff
Edinburgh Fund Managers will run Portfolio as an autonomous organisation following its £12m purchase of the multi-manager funds group. While the operation will be rebranded Edinburgh Portfolio, it is to retain its own investment approach, London offices and the bulk of its staff. Edinburgh already has a fund of funds capacity, with assets of £130m, headed up by Harry Morgan. This will continue to be run separately although Morgan will join Portfolio's investment committee. He will be a replacement for David Fischel, managing director of Liberty, the previous owners of Portfolio. Brian...
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