Brompton AM acquires WAY Group's global fund range

The three funds, including the £52m WAY Global Red Portfolio, the £37m Global Blue Portfolio and the £59m Global Cautious Portfolio, will be managed by Brompton's multi-asset class team led by chief investment officer Gill Lakin. Lakin said: "We are delighted we have been given the opportunity to manage money on behalf of investors in the WAY Global fund range. "As manager of the three funds, we aim to produce healthy risk-adjusted returns for investors while maintaining the nil-yield mandate and to satisfy the requirements of their advisers for efficient service." The funds' key ...