Yarrow to leave Rathbone after fund shake up

The firm also plans to merge its Special Situations fund into Smaller Companies, with a revised objective to create the Rathbone Recovery fund, to be co-managed by Julian Chillingworth and Marina Bond. In light of these changes, Carl Stick will lose responsibility of the Special Situations fund, but he remains lead manager the Income fund. All changes are subject to FSA approval. Rathbones head of marketing David Holloway says: "Market conditions have prompted us to review and streamline our range of products and launch a new initiative appropriate for business conditions and in anticip...