Lincoln Balanced Mgd The Lincoln Balanced Managed fund was launched in 1977 and has grown to a massive £1.67bn across its life and pension mandates. It claims to seek a balance between the need to preserve original capital and the need for growth and income. Investors would be forgiven for thinking that it had not lived up to its promises. The fund is a fettered fund of Lincoln's funds with the overall asset allocation determined by Goldman Sachs. The asset allocation should have been broadly favourable, with a lower fixed interest weighting and higher equity weighting than the remainder o...
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