Scott returns to F&C but will not manage funds

clock

Ted Scott will not be returning to F&C as an investment manager following his period of ill health.

However, Scott is due to rejoin the F&C team in June where he will provide macro-economic analysis and advice on market strategy across the UK equities desk. Hilary Aldridge, who has been deputy fund manager alongside Scott on the F&C UK Growth & Income fund since 2005, and who has co-managed the fund on a caretaker basis since November 2008, has been appointed lead manager. The fund is third quartile with a return of -29.32% over one year to 6 May 2009, according to Lipper. Lead management responsibility on F&C's flagship UK equities ethical products, the Stewardship Growth and Steward...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on UK

OECD tells chancellor that efforts to cement 'thin' fiscal buffers should be 'stepped up'
UK

OECD tells chancellor that efforts to cement 'thin' fiscal buffers should be 'stepped up'

UK GDP forecasts also revised downwards

Linus Uhlig
clock 04 June 2025 • 1 min read
IMF urges chancellor to 'refine' fiscal rules as it upgrades UK's economic outlook
UK

IMF urges chancellor to 'refine' fiscal rules as it upgrades UK's economic outlook

To cut down on policy changes

Linus Uhlig
clock 28 May 2025 • 2 min read
Higher household bills drive UK inflation to 3.5%
UK

Higher household bills drive UK inflation to 3.5%

Rises from 2.6%

Cristian Angeloni
clock 21 May 2025 • 2 min read