Cheeseman exits as Potter, Burdett take over F&C range

Current head of multi-manager Cheeseman and co-manager Oliver Sonnbichler have agreed to leave the firm by mutual consent. Meanwhile, Paul Carne and analyst Catherine Sauer are to join Thames River by the end of the year, with Carne heading up the Lifestyle range. Burdett and Potter, whose Thames River boutique was acquired by F&C earlier this year, will see four of F&C's MM funds merged with equivalent funds in their range, subject to shareholder and regulatory approval. F&C's Multi Manager Cautious, Distribution, and Balanced Managed funds will unite with Thames River's similarl...