WAY ditches FundQuest to bring funds in-house

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The WAY Group has brought the management of its funds in-house, ending an eight year relationship with FundQuest.

Its range of funds will now be managed by new subsidiary WAY Investment Managers. The move is part of a wider reorganisation which will also see the launch of a range of high growth specialist funds in areas including Asia and gold. It has also established a ‘Star Chamber' of external managers to advise and run its planned specialist funds. WAY Group chairman Paul Wilcox says the firm has now reached a size and maturity to take a more hands on approach to fund management. "For many years we have been under pressure from some of our IFA clients to take the management of our flagship...

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