Wilmot replaces Frikkee on £2bn Newton Higher Income

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Richard Wilmot has been named the new lead manager of the £2.2bn Newton Higher Income fund, previously managed by Tineke Frikkee.

The group said it is in discussions with Frikkee (pictured) about her role at the firm. Newton will also broaden the buy and sell discipline of the fund from buying at 115% of market yield and selling...

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