Gartmore Investments has just announced it will merge the majority of its Gartmore Govett retail mutual funds with its existing funds, following its acquisition of funds from Allied Irish last year.
Paul Feeney, head of UK retail at Gartmore, says the £214m Gartmore Govett US opportunities fund, managed by Gil Knight, will be renamed the Gartmore US opportunities fund and is the only one of the range which will not be merged with a similar Gartmore fund, given its current success. Completion of the merger is expected by the end of May. IFAonline
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
