Jennings returns to manage Morley fund

Ex-Sarasin fund manager Michael Jennings is set to make a return to retail fund management with the launch of a Morley-branded global themed fund managed on 28 January. The fund, which will be the third in the Norwich Union's range of Morley-branded funds following the launch last year of focused UK and European funds, will contain a portfolio of up to 70 stocks. The Morley Global Theme fund, will seek to diversify by theme rather than the more traditional method of geopraphy, and will select stocks on the basis of whether they fall into one of four distinct themes. The four...