ISIS Asset Management has chosen 1 May as the date when it will announce which of its funds are bein...
ISIS Asset Management has chosen 1 May as the date when it will announce which of its funds are being given the chop as part of a rationalisation process already flagged.
The 55 funds in the stable created by the merger of Friends Ivory & Sime and Royal & Sun Alliance Investments are to be culled to just 31.
Earlier this month ISIS said research suggested s a significant proportion of the UK asset management industry was operating unprofitably because of falls in the value of stocks in the FTSE.
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From 1 March