Webb yields reins at Unicorn

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UNICORN Asset Management has revamped its investment management team with Chris Hutchinson replacing Peter Webb as lead manager of the £23.2m Unicorn Free Spirit fund.

Webb and his team have also made a series of portfolio changes in a bid to strengthen performance. As was revealed in last week’s Professional Adviser, Webb has a series of new initiatives and new funds planned. The smaller company investment specialist has made significant changes to its investment strategy over the past 12 months and generated what it deems to be “a wealth of new ideas that are fuelling improved performance”. Webb is leaving the helm of the £23.2m Unicorn Free Spirit fund to concentrate on the firm’s other offerings and new funds. Until now, the fund had been co-manage...

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