ABN Amro looking to merge two UK equity income funds

ABN Amro Asset Management is to merge two of its UK equity funds on 5 November, writes Jane Wallace It is intended that Growth & Income will be merged into Equity Income. Both portfolios are run by George Luckraft, who will continue to manage the enlarged Equity Income fund Letters were sent out last week to unitholders. A vote will take place at a unitholder meeting on 8 October Nick Wells, operations director at ABN Amro Asset Management, said: "Growth & Income doesn't fit into any particular sector since Autif changed the sector classification and the only alternatives now are either ...