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.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes