LINCOLN'S North American Trust has the option of investing up to 30pc of its asset allocation to the Russell 2000 Index.
The £81m fund is altering its remit to the new index, which contains 2,000 small cap US companies, to fulfil its investors’ desire to achieve broader exposure to the full capitalisation range of the US market, and to utilise the expertise of investment managers Delaware Investment Advisers. Jonathan George, senior investment analyst at Lincoln, said: “This change simply broadens the opportunity set of securities that Delaware can purchase, and will allow them to play to their strengths.” Francis X. Morris, Delaware’s CIO of Core Equity Investment, said: “The team has a long and succes...
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