Johnson Fry will change its name but will not be rushed into launching a whole host of funds in ligh...
Johnson Fry will change its name but will not be rushed into launching a whole host of funds in light of its takeover by Legg Mason the US mutual fund manager. Last week the UK group was bought for £41.9m Even before the group offered itself open to bids it was considering disposing of the Johnson Fry name as it was associated. The company may be renamed Legg Mason, as one reason for the US group purchasing Johnson Fry was to increase its global presence and use the company as a bridge into Europe On new funds the group is committed to launch a unit trust investing in the US. At the mom...
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