Abbey life funds to remain

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Abbey Life's fund range will not be merged into Hill Samuel's even though both sets of funds are ...

Abbey Life's fund range will not be merged into Hill Samuel's even though both sets of funds are now to be run from London. Hill Samuel Asset Management is to assume management responsibility for Abbey Life's 70 funds and unit trusts. These are currently managed by Abbey Life Investment Services based in Bournemouth. The agreement means the funds will now be managed from Hill Samuel's London base. The 47-strong Abbey Life investment team will all be given the option of relocating to London. Abbey Life has a total of £14bn in funds under management, £3bn of it already managed by Hill Sam...

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